Morning guys,
So, on Friday you could make shure how useful is high wave pattern. Our doubts on immediate downside continuation have been confirmed as BTC rallied up.
Today-tomorrow we will watch how BTC completes the XOP target around 4085 area. Currently it seems that it could be done by butterfly "Sell".
4100 area is also important for higher time frames, because if market is still bearish indeed - it has to turn down from 4100. If this will not happen - be prepared to more significant rally on daily chart.
As soon as BTC completes our 4085-4100 target - we will get "222" Sell pattern as on daily chart as on 4H.
So, on Friday you could make shure how useful is high wave pattern. Our doubts on immediate downside continuation have been confirmed as BTC rallied up.
Today-tomorrow we will watch how BTC completes the XOP target around 4085 area. Currently it seems that it could be done by butterfly "Sell".
4100 area is also important for higher time frames, because if market is still bearish indeed - it has to turn down from 4100. If this will not happen - be prepared to more significant rally on daily chart.
As soon as BTC completes our 4085-4100 target - we will get "222" Sell pattern as on daily chart as on 4H.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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.