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FlokiCrypto
May 9, 2022 2:44 PM

$BTC CME - Gap Created. Good signs for a bounce, alts.  Long

Bitcoin FuturesCME GLOBEX

Description

I had a bias of BTC going back up to reclaim 35k at the very least before laying eyes on this chart.

From an EW perspective, we had previously drawn a shallow 2, and a deep wave 4.

Now if we dive into the subwaves of this wave 5, I feel like wave 3 could be finished and we need to go up and fill that gap to play out wave 4.

Safe trades to all.

Trade closed: stop reached

TA isn't always 100% right. Admit when you're wrong, and move on to the next :)
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