As I looked into the chart of waves/usd, I saw a pattern that begins with a sinusoid look alike graphic and ends with a flag. As this occurs 3 times in a row, I can confirm this pattern will go on. Ofcourse waves/usd is related to bitcoin. So this means it will follow up bitcoin's downtrend, which I expected in the previous idea. SO, I expect a short on the short-term. When Bitcoin will rise again, waves will follow up his trend. Maybe later then the actual rise of Bitcoin.
For now we are in the flag. So Waves will rise a little this period. After the flag I expect a short. A period of swing will follow up with a happy end, namely a bullish trend (the stick of the flag).
Please take also a look to the other waves, just by zooming out and in.
For now we are in the flag. So Waves will rise a little this period. After the flag I expect a short. A period of swing will follow up with a happy end, namely a bullish trend (the stick of the flag).
Please take also a look to the other waves, just by zooming out and in.
Trade closed: target reached:
Target reached! Broke support level of the flag. Going to the M-phase!
