Hello everyone,
And im back with more EW.
So, plan is going on well ! We are actually in the small impulse wave ( red ) looking at a POSSIBLE bounce up after hitting the 168% fib ( on the red impulse wave3 once again ). IF we do confirm this target we can start the correctiv wave up 4. This Wave 4 have for target 23.6% fib retrace = 187sat or 38.2%= 201sat or 50%=212sat or ( rare ) 61.8%=223sat. and from one of thoses target once confirmed more down trend to complet red wave 5 and the medium blue wave 3 more to come on this.
IF RVNBTC, want to go down more the other ( red lines ) target are : 200% fib retrace = 140sat or 2.618%= 104sat. ( for the red wave 3 )
I closed half my short at 268 to reshort top wave 4. If not i let half my short follow the price down and will keep a eye for a new entry to add a bit. Long the big blue bottom ( medium wave 3 blue ) to play the super bounce 3 to 4 ( medium blue ) .
Stay safe :)
And im back with more EW.
So, plan is going on well ! We are actually in the small impulse wave ( red ) looking at a POSSIBLE bounce up after hitting the 168% fib ( on the red impulse wave3 once again ). IF we do confirm this target we can start the correctiv wave up 4. This Wave 4 have for target 23.6% fib retrace = 187sat or 38.2%= 201sat or 50%=212sat or ( rare ) 61.8%=223sat. and from one of thoses target once confirmed more down trend to complet red wave 5 and the medium blue wave 3 more to come on this.
IF RVNBTC, want to go down more the other ( red lines ) target are : 200% fib retrace = 140sat or 2.618%= 104sat. ( for the red wave 3 )
I closed half my short at 268 to reshort top wave 4. If not i let half my short follow the price down and will keep a eye for a new entry to add a bit. Long the big blue bottom ( medium wave 3 blue ) to play the super bounce 3 to 4 ( medium blue ) .
Stay safe :)