johnrfraser
Short

abc correction

BITFINEX:BTCUSD   Bitcoin / Dollar
254 6 5
My feeling is that this may be happening.
Everyone has been expecting $300 plus, but to me this looks like a 3 wave impulse ending at 295.
Also there's the divergence on the CCI that has been present the whole way up.
CCI failign on the red overhead resistance too.
And RSI is topping .
If so I'm looking for a buy in the retrace zone.
Comments please. (ignore my EW numbering as usual DanV) :-)
Thanks a lot
So are you saying you are short now or you're going to get short at 295?
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johnrfraser shawndietzer
2 years ago
HI there, I'm short now, expecting a retrace between 50-71%
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shawndietzer PRO johnrfraser
2 years ago
Good call.
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avirdoz
2 years ago
Faster than you expected :)
Reply
DanielLt
2 years ago
amazing, pity I followed the crowd :/
Reply
johnrfraser
2 years ago
Looking for a lower target now:
snapshot
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