Hello Traders,
On December 21, we identified a corrective structure completion and we called a SELL TRADE around wave (v) as shown in chart below. After that, the pair has successfully reached our TARGET 1, today we also see the processing of our TARGET 2. From a technical point of view, it is necessary to protect the trade (move stop loss to breakeven) and take part of profit would not be a bad idea (30%).
OUR SELL SETUP
(click on chart below)
![[BITCOIN] IMPULSIVE STRUCTURE COMPLETED?](https://tradingview.sweetlogin.com/proxy-s3/e/em8IZXNC_mid.png)
If you think that our work deserves your Like, next week we will publish some more ideas about crypto-currencies, thank you for your support!
On December 21, we identified a corrective structure completion and we called a SELL TRADE around wave (v) as shown in chart below. After that, the pair has successfully reached our TARGET 1, today we also see the processing of our TARGET 2. From a technical point of view, it is necessary to protect the trade (move stop loss to breakeven) and take part of profit would not be a bad idea (30%).
OUR SELL SETUP
(click on chart below)
If you think that our work deserves your Like, next week we will publish some more ideas about crypto-currencies, thank you for your support!
Note
... "it seems" that someone took part in profit! ;)Note
We are not sure to update this idea yet, so manage your positions to the best of it, good luck to everyone!
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.
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.