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BTSBTC Short trade setup

Por mostly_george
Atualizado
BTS will correct a bit after it broke out of the channel, forming corrective wave No 4, but it shouldn't get higher than D (3737)

Open trade : as near as you can to 3737
Target: 2500
Stop loss: a close after 3800


We're in a Double Zigzag correction : textbook form here http://www.elliottwave.net/educational/basictenets/basics_images/fig_13.gif
Trade ativo
opening a trade at E
BTS Short
Trade ativo
Adding to my short @ 3700 resistance . if it breaks, trade is cancelled.
Nota
I messed up the last chart.

Here is how it should look like
Correction to previous chart Elliot wave
Nota
BTSBTC Triagnle formation Double Three with a Triangle
Nota
BTS Elliot Wave Update
Nota
BTS SHORT
BTSBTCelliotwaveanalysisHarmonic PatternsshorttradesetupTrend Analysis
mostly_george

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