SRVgroup

BTCUSD Waves. Under the microscope.(03.10.2017)

BITSTAMP:BTCUSD   Bitcoin
We were closed by Stop Loss 4300. We were in the market from 22.09. (3500-3550).
The price did not finish the key level at 4550. The level remains questionable. We assume that there may be a refinement in the markup during the day, and the final impulse is not completed. Growth to the level of Fibonacci remains in force. We'll think about how to play the final wave 5 (orange), if it starts to form, and there will be prerequisites in the form of punched levels, an understandable momentum structure in the ascending movement. We do not recommend this to you.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.