From looking at BINANCE, we can see that we are still in wave 4 which is an ABC correction.
We are now in wave B which is broken down into 3 subwaves. We've seen subwaves A and B and now in subwave C. See lower timeframe analysis for the breakdown.
Trade Idea:
- Watch for completion of subwave C (of Wave B)
- Once complete, watch for C wave to make an impulse down (it can be an ending diagonal)
- Watch the structure at the lows if we bounce from it.
- Targets: 680, 870, 1000 ,HODL the rest and manually close.
Goodluck and as always, trade safe!
We are now in wave B which is broken down into 3 subwaves. We've seen subwaves A and B and now in subwave C. See lower timeframe analysis for the breakdown.
Trade Idea:
- Watch for completion of subwave C (of Wave B)
- Once complete, watch for C wave to make an impulse down (it can be an ending diagonal)
- Watch the structure at the lows if we bounce from it.
- Targets: 680, 870, 1000 ,HODL the rest and manually close.
Goodluck and as always, trade safe!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.