Accidentally posted this as an XBTUSD chart a few days ago so here is BTCUSD. This fractal has been reliably predicting price moves since the current bullish impulse began so I'lll be watching to see if this continues.
Note
when it's all said & done - if we stay true to the fractal - this is still probably part of wave 4 that we're in now. we'll most likely dip down to 7700/7650 one more before we finish out the impulse. not that it changes anything substantively. i'll probably add a little bit for the last push if price moves below 7700 & stays in the channel. Note
going to load up some shorts above 8k - at minimum we should pull back to make a larger wave 4 from that level.Related publications
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Related publications
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.