AriasWave

BITCOIN Trade The (C) Wave But Be Warned

BITSTAMP:BTCUSD   Bitcoin
This is based on a related idea (see below), just in case you are thinking of trading based on that idea.

So you want to trade the (C) OK but do it as close to the red line as possible or wait for an update.

Remember this is a (C) down in a still upward trend so don't expect it to be quick and sharp.

The mini C wave within the blue wave ii correction should go the highest in the correction but is not allowed to exceed the red line or the count is invalidated.

For confirmation of the end of the blue wave ii wait for an update on the D and E waves which will be coming soon. Patience is the key.

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