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bitwavetraders
Jun 1, 2016 6:35 PM

EW 1D - ETHBTC@POLONIEX Complex correction 01/06/16 Short

Ethereum / BitcoinPoloniex

Description

ETHBTC is going through a correction wave that because of its internal structure looks like a doble combo correction with a final target on the 0.009 zone.
We recommend close short positions at 0.0165 zone and take short position again when de b (circle) wave ends, what has to be defined later. Targets for next trade spots are not reliable.

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Partial close is recommended at this point. Bullish correction is expected in 3 sub waves. This will confirm the last target of C (circle) wave.
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