Posting an update on my expanded flat idea for BTCUSD. Overnight we came pretty close to my primary target and area of confluence around $7150. Some exchanges hit it, others did not. We could still see another squiggle down, but it's looking good. I do not anticipate us breaking below $7k, but it is possible. We can expect wave (c) to be a 5-wave move so keep that in mind when thinking it is a bullish reversal. It may be, but I am not counting on it.

It is possible that this circle ABC is just A of a larger ABC making up this B wave.

Next target is up to $7575-$7800.

*THIS IS NOT FINANCIAL ADVICE*
Trade ativo:
Coming up on macro trend-line. Moving stop down a bit.
Trade ativo:
Beautiful mornin'
Trade fechado: objetivo atingido:
Late update. Played out as expected.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.