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francescoforex
Jun 11, 2021 7:30 AM

BTCUSD - elliott wave - possible head and shoulder wave 2 of (5) Short

FX:BTCUSD60
Bitcoin/U.S. DollarFXCM

Description

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possible head and shoulder in wave 2 of impulsive downtrend wave (5)
wave 3 unfoding - target 32974

ALT: wave (5) is over, a correction in three wavs should follow

PP 39970 dw

Comment

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price heading to test area 41700/44200 - monitoring
Elliott Waveimpulsivewavewave5
Comments
francescoforex
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the idea of ​​the HS has not been realized
the correction on air (4) is still in progress in a flat ABC - test area for wave C of (4) level 41700/44200

ALT: if prices break the test area 41700/44200 the down correction is over
LA_Designer
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francescoforex
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@LA_Designer, hi, thank you . thats it. right now price are testing critical area to confirm the idea.
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