TheAnonymousBanker

[BITCOIN] EW ANALYSIS

COINBASE:BTCUSD   Bitcoin
Hello Traders!
We are trying to understand "if and how" the pair could form our harmonic structure (see chart below), and if it will succeed in reaching our setup area. That said, the pair should have completed the first bearish impulsive structure (12345), and if this is correct, we are working on a corrective structure. A strong downward impulse below KEY AREA could confirm the completion of the corrective structure and the start of a new bearish impulsive structure.

HARMONIC STRUCTURE IDEA
(click & play in chart below)

BULLISH SETUP AREA
(click & play in chart below)

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By Anonymous Banker
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