H4 I see 3 up with no bearish divergence so I'm expecting a correction in the X before we get the Z up completing the D1 C up (see D1 idea). I expect price to be choppy for the next couple of months while the correction builds a corrective structure. What the corrective structure will end up becoming is anyone guess at this stage.
H1 We have an impulse down, you can look for bear flags for sell opportunities but can be quite risky trading choppy conditions like I'm expecting. Trade with care.
Be sure to checkout the W1 and D1 idea's so you get my complete picture!
BTC D1 Wave C up, Running or Expanding flat.
BTCUSD W1 Basic EW ABC Correction.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, share and hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
H1 We have an impulse down, you can look for bear flags for sell opportunities but can be quite risky trading choppy conditions like I'm expecting. Trade with care.
Be sure to checkout the W1 and D1 idea's so you get my complete picture!
BTC D1 Wave C up, Running or Expanding flat.
BTCUSD W1 Basic EW ABC Correction.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, share and hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Comment:
BTC H1 Chart. Correction may become a little complex, something to be aware of but look for the sell setups.
Comment:
H4 wave X I'm currently looking at it as either running or expanding flat.
Comment:
H1 you may wish to consider the short scalp if you get the setup.
