Emvo10

HS battle

Emvo10 Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi again.
My chart was purged for rules.

However, I like to post actual chart on daily time frame.
There is only weekly sing Fibo and important neckline. I will monitor price action there.
I made red box if Bitcoin push over blue neckline higher. There will be higher high confirmation if BTC started the 5th impulsive wave.
Until that, is wise to be neutral as it is correlated to SP500 stocks.
Yellow average is 50 week moving.
Upper HS seems bigger. But there has equal targets ( cca 40% ).


I like to thank you for comments, likes, own ideas and also appreciate your attention.
Let the future begins.


Make your own decisions , take care and never risk too much.
Emvo.

*This is not a financial advice. Do not ever invest or trade by my ideas. It's on your own risk.
Comment:
Consolidating in local BullFlag below blue neckline .
Comment:
Comment:
Finaly, double bottom was made. This is not any financial advice.
Comment:
Double W bottom finally developed, above HS neckline broken from falling wedge. Same as previous one.
Order cancelled
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