TroyByrne

BTC to under 7k Part 2

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TroyByrne Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
We have broken down out of the bear pennant and have rejected as it stands the inverted H&S, the 4 hr chart showed a nice H&S forming and looks to of followed to plan.
If we follow the 2nd impulse wave on our way towards the end of the abc correction it should stop a nudge under /over 9k before a pull back and then on with the 5th wave to the 7k zone.

Good luck, she is a wild beast to tame.
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Waves adjusted, not sure why they keep getting moved of scale
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Perfect call
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I took profit at $9300, will watch pull back, I underestimated the length of the 2nd wave that's for sure, was a big one.
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nearly perfect call on the symmetrical triangle, broke out and went close to the distance of the top to the bottom of triangle before a pullback.
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