Down Town China Town For Leg C

BITFINEX:BTCUSD   Bitcoin / Dollar
490 3 8
The elliot movement has played out nicely for the 5 move up we are now in the retrace before we can look to go back higher to ~340
A Contiuation of my previous charts with more detail on targets

Once we hit 282 move Stops to break even for the ~292-294 entry points We are then in a risk free trade ;)

T1 127 extension @ ~276
T2 161 extenstion @~267 (I dont know whether we will get the full T2 but trail the stop once we hit T1 ;) )

Related Ideas

yomofoV PRO
2 years ago
we have pretty much same targets
wave c of IV before final bulltrap

yomofoV PRO
2 years ago
only threat of bull action is truncated wave c giving us a double bottom at wave a
YipYip PRO yomofoV
2 years ago
We are all good mate .. Hit my T1 at 282 moved stop to 290.5 (3$ inside my 293.5 entry) ... just need to crack 280 and its swiming in T2 profit land
We are now in a risk free trade with profit off the table ...im sure u are in a similar position ;)
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