GioThaKingo

The conventional 2

INDEX:BTCUSD   Bitcoin
("The conventional 2")-So these 2 scenarios (Yellow and Green) are what ive simplistically narrowed myself down to. From what I've seen I've tried my best to find an "Impulsive wave" out of what we've started out at this bottom of our "Big drop" I just can't find an "Impulsive" so I feel like this takes out the scenario for this somehow to start an impulse. Which narrows some more stuff down for me and I will take out (Green scenario) for now since it doesn't have an impulse as "3rd wave" and I am left with (Red & Yellow) and the reason why is because a minor wave I am left to wonder about a (Minuette Flat) inside the structure so but if right now I had to pick id pick (Yellow). But for right now I'm just gonna keep seeing how this plays out close to these Fibs.But overall I'm still seeking a big correction.As always these are my opinions and will likely change on circumstances in the future as well as the chart :)

As always happy trading : P
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.