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210 5
Having completed an Elliot Correction Wave, bitcoin is primed to start climbing again.

Long entry after touching .382 on the fib trend at 6600 with an initial target of 7150 and a secondary target of 7405.

There should be an opportunity to add to the position at point 4 in the wave.

Stop is set short at structural support
Feb 09
Trade closed manually
Nailed your target.
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Shankt Jumanji
@Jumanji, actually, I never entered into this trade-- The incorrect wave pattern I had charted didn't pan out by the time I would've entered so I cancelled.

I'd call this a bad chart-- could have been a lucky win, but I can't claim to have predicted it.

Maybe next time, huh?
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Nice
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If the first 5 waves are correct, then wave C should go below the start of wave 4 (around 5740).
In fact I can see that is not a valid count because wave 4 overlaps wave 1.
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Shankt Jumanji
@Jumanji, Thank you. This was my first attempt at charting EW.

I'll make corrections as you advise.

Thanks again!
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