porden

ABC is the play

Short
porden Updated   
BITMEX:XBTUSD.P   Bitcoin
I think We have completed the five wave structure and now ABC is in the play. B has retraced a perfect 0.618 and now we can wait for C. Although I am a little late to the play I think its still playable with a little bit of luck
Trade closed: stop reached:
So it did play out the way we expected. However, the stop loss should have been a bit wider. Missed the top price by 8$

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.