BTCUSD did not surprise us by a rally up to 4200 yet.
Now we have two ABC wave inside the blue channel for it to choose.
Check on the red one first.
The red one is guiding by the red trendline and resistance zone
For this plan, make a short trade once a bear entry signal appear on B position and make a target on position C : 3130.
The blue wave is prepared once BTC want to make a higher end of correction on B. That is a resistance zone on a higher position.
This short trade also targeting 3130 too.
Less is more!
Now we have two ABC wave inside the blue channel for it to choose.
Check on the red one first.
The red one is guiding by the red trendline and resistance zone
For this plan, make a short trade once a bear entry signal appear on B position and make a target on position C : 3130.
The blue wave is prepared once BTC want to make a higher end of correction on B. That is a resistance zone on a higher position.
This short trade also targeting 3130 too.
Less is more!
Trade active:
the red zone is now pressuring price to go higher position.
