TradingView
meghal.jani
Jun 29, 2015 5:08 PM

impulse and divergence Short

Bitcoin / DollarBitfinex

Description

The price action has completed five wave impulse with a divergent fifth wave. I would wait for at least 38% retracement before opening a new long position.
Comments
rubenthin
I agreed with your post earlier but just realsied I'd got too focused on the local timeframe...zoomed out I found my count form a couple of days ago...this may be why we are heading upwards again:
More