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TradewithLu
Jul 12, 2019 12:25 PM

BTCUSD Short term trade opportunity (BUY) Long

Bitcoin / DollarBitfinex

Description

For those familiar with Elliott Wave Analysis:
This pattern here is a 'double zigzag'.

For those unfamiliar with Elliott Wave Analysis.
The rice should now move upwards towards the target indicated by the grey line. The green box shows a good area to buy some BTC and the grey line would be a perfect place to take a profit. As a trader, you must always be willing to adapt and take a loss or some smaller profits than you hoped for sometimes!
Comments
freddie1996
Yes, very bullish!
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