wsbza

Upside Target

wsbza Updated   
BTCCHINA:BTCCNY   None
31720 if wave 5 equal wave 1
32490 if wave 4 retraced 38.2% of zero to 5
Comment:
32490 target reached, looks like a significant top has been formed

also note: equality between wave 1 and 5
divergence in Price and Technical Indicators
trendline break
Comment:
my preferred count is in pink

bearish set up if a corrective pattern can be confirmed, ideally either zigzag or flat

alternatively( white labelling), wave if {4} is a flat or something more complex, we may still have another impulse or diagonal to finish the wave {5} of 5

Comment:
bearish count
Comment:
bearish count with risk management against 22000
Comment:

'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'


Email:info@ewc.space
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.