Long trading opportunity in Bitcoin after completed Triangle
It seems that we have just completed a Wave B Triangle and also broken above the b-d Trendline.
If this interpretation is correct then we can see next Wave C up till 4380-4700 levels.
Also if this pattern is incorrect then we can exit the longs below 3620 which is also the low of Wave e of the Triangle.
Overall this setup is offering a great Risk to Reward long trading opportunity.
If this interpretation is correct then we can see next Wave C up till 4380-4700 levels.
Also if this pattern is incorrect then we can exit the longs below 3620 which is also the low of Wave e of the Triangle.
Overall this setup is offering a great Risk to Reward long trading opportunity.
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Trail Stops to 3840 :
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Trail Stops to 3840 :
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Target 1 : 4379 achieved, protect open profits by trailing SL
Trade stängt: målet nått:
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Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
