Hi traders,
Bitcoin finished a bigger complex pullback (wave 4) into the weekly (refined Daily) FVG. After that it made the first impulsive move up into a daily FVG and rejected from there.
Last week it made a pullback down. So we could see the next impulsive wave up soon. But let's wait for a clear bullish change in orderflow before we trade longs.
Let's see what the market does and react.
Trade idea: Wait for a clear bullish direction to trade.
If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
Bitcoin finished a bigger complex pullback (wave 4) into the weekly (refined Daily) FVG. After that it made the first impulsive move up into a daily FVG and rejected from there.
Last week it made a pullback down. So we could see the next impulsive wave up soon. But let's wait for a clear bullish change in orderflow before we trade longs.
Let's see what the market does and react.
Trade idea: Wait for a clear bullish direction to trade.
If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave