mhandley77

BTC 4 hr Chart: ABC Corrective Wave Down

Short
BITSTAMP:BTCUSD   Bitcoin
After completing 5 waves up from the previous low, expecting an ABC down corrective wave. Current price action suggests form is in the wave C (blue) down and should complete at any of the three targets shown. This form is fluid and hypothetical and will need a strong move up from Wave C bottom to confirm. Lets see what happens.

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