user100000

Wave 4 price action

Long
BITSTAMP:BTCUSD   Bitcoin
Circle a seems to be an expanding leading diagonal. Wave (v) underway needs to be larger than (iii) so at a minimum market should target 336.89. Leading diagonals are deeply retraced by zigzag pattern typically (circle b)
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.