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EddieEdwards
Feb 24, 2019 11:40 AM

BTC SHORT to 2k and possible lower Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Currently sitting in the Primary Y wave of a WXY looking for our 5 motive waves down to complete the Y wave
Given wave 2 retraced just shy of the .618 and was a complex correction
For currently forming wave 4 BTC should be targeting the .382 and a simple correction (ABC)
Currently forming the C wave of the ABC for wave 4 target extension for ABC are 1:1 , 1.272 and 1.618(max)
Personally targeting short entries from 4550 -4700 which is 1.272 extension and will ladder to around 5k
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