I trace the trends movements with Elliott Waves. I think that this is not a trend reversal but it is a Corrective waves (Into a complex Bear Pennant). The pole flag it is rappresented from the last intensive moviment of the recent downtrend. I think that the price will go down around 6,2-6,7k USD.
This analysis is a continuation of the previous ones
This analysis is a continuation of the previous ones
Trade active:
Bull Trap
Trade closed: target reached:
Close at: 6770
