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Boon2
20 de Jan de 2020 04:05

BTCUSD H1 Wave C Down. 

Bitcoin / U.S. dollarBitstamp

Descrição

H1 we got 5 up in a internal H4 B wave with bearish divergence and a impulse down breaking the TL. Wait for the flag or correction to form, then look for your sell setup.

Checkout my H4 idea to see my longer term analysis thanks.


D1 Update. Idea, Check it out thanks to get up to speed on my D1 analysis.


Good luck and trade safe!

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Comentário

So were getting the C down, here's the H1 chart with the targets.

Comentário

Wave C down completed.
H4 Wave Z Up.Checkout the latest idea to get up to speed thanks.
Comentários
ssari
nice
Boon2
@ssari, Cheers, thanks for your support.
ssari
@Boon2, similar styles
Boon2
@ssari, O ok yep, yes I'm not aware of any ABCDE other than a triangle so I'm not sure how you counted that last move up?
ssari
ssari
@ssari, corrective (elliot) waves, horizontal triangles
Boon2
@ssari, Hmmmmm I don't see any mention of a horizontal triangle in that link you gave? I only see 4 triangles them being contracting, barrier, running and the expanding.
ssari
@Boon2, There is a chart of 8 triangles, look further down the page.
Boon2
@ssari, I don't see anything wrong with having a new pattern as long as theres rule to the pattern, I use a pattern that very common but not in the EW book called a contracting flat.
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