Note

BITCOIN-Wave iv) is a triangle? will break 29560 for wave v) ?

· Views 544

#OPINIONLEADER# #PriceAction# #Bitcoin# #cryptocurrency# #ForexForecast#

BITCOIN-Wave iv) is a triangle? will break 29560 for wave v) ?

MARKET COMMENTARY:


1. In my previous trade plan i took it as a,b, and c but seems like 5 wave formation and we are in wave iv) and it could be a triangle as i shown here.


2. If it break the previous low 29560 there is a chances for bounce once it completes the 5 waves as wave a) and b) wave will be a 3 wave structure.


3. First lets finish this wave formation and clear the path then i will update but there is a chance for W) to X) if it didnt break the low 29560...


 DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

FOLLOWME Support
Total 100 FCOIN reward
avatar

Hot

Learning
nmkvijay
Author
@iu1120 great
Bearish, stop loss@ 34,000
In the short term, I think we can go short at the current price
nmkvijay
Author
Just look the left side and the major support zone and what we have to do here BUY with STOP as per your strategy...but not to sell in support zone...lot of peoples THINKING that Support will break and Resistance may break and in the resistance zone they will BUY and in the support zone they will SELL...its all our psychology effect for the retail traders....i am also a retail trader though

-THE END-