From looking at BINANCE, we can see that we are still in wave 4 which is an ABC correction.
We are now in wave B which is broken down into 3 subwaves. We've seen subwaves A and B and now in subwave C. See lower timeframe analysis for the breakdown.
Trade Idea:
- Watch for completion of subwave C (of Wave B)
- Once complete, watch for C wave to make an impulse down (it can be an ending diagonal)
- Watch the structure at the lows if we bounce from it.
- Targets: 680, 870, 1000 ,HODL the rest and manually close.
Goodluck and as always, trade safe!
We are now in wave B which is broken down into 3 subwaves. We've seen subwaves A and B and now in subwave C. See lower timeframe analysis for the breakdown.
Trade Idea:
- Watch for completion of subwave C (of Wave B)
- Once complete, watch for C wave to make an impulse down (it can be an ending diagonal)
- Watch the structure at the lows if we bounce from it.
- Targets: 680, 870, 1000 ,HODL the rest and manually close.
Goodluck and as always, trade safe!
Comment:
BINANCE 2D Chart
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