alexpunct

BTCUSD Wave 4 of 5

Long
alexpunct Updated   
BITFINEX:BTCUSD   Bitcoin
As per Elliott Wave theory, wave 4 should not retrace lower than wave 1. Also, we are at 61.8 level, so if the bulls are to take charge, this would be the moment.
If you want to get it, wait for some green volume candles to come in and market structure. Risk to new lows.
Trade active:
MACD Divergence confirmed, we broke to new highs, entering the trade -
Order cancelled

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