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BTC Correction or impulse?
Before the 7th of September, BTCUSDTPERP I expected a huge pump, according to my prediction we are in 3d wave.
But I was wrong, this is was the 5th last wave.
On the 7th of September price falls happen. I am trying to understand what it was and I have 2 options.
In both options, I expect the same price direction and SL level.
Option 1
Impulse was a part of ABC correction - A wave. Now, it could be a price fallback. In this case, I will expect new local deep and price recovery to new heights.
Option 2
Impulse was a part of the 5th downtrend wave. So, it could be the 1st wave. In this case, I will expect huge deep.
BTCUSDTPERP I expected a huge pump, according to my prediction we are in 3d wave.But I was wrong, this is was the 5th last wave.
On the 7th of September price falls happen. I am trying to understand what it was and I have 2 options.
In both options, I expect the same price direction and SL level.
Option 1
Impulse was a part of ABC correction - A wave. Now, it could be a price fallback. In this case, I will expect new local deep and price recovery to new heights.
Option 2
Impulse was a part of the 5th downtrend wave. So, it could be the 1st wave. In this case, I will expect huge deep.
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