ElliottWave_Trader

ElliottWave_Trader

GOLD is giving us short term correction as expected. Pull back looks incomplete at the moment. While below 2011.8 high GOLD can extend down toward 1943-1901 which will be next zone for buyers. From there we can see either rally toward new highs or 3 waves bounce at least. Don't like selling. Short term trend line has been already broken and pivot at 2011.8 looks...

ElliottWave_Trader

Bitcoin has given us nice rally from previous buying zone which allowed us to make long positions risk free and book partial profits. After that we got break of previous low, which made incomplete structure from the peak. Now crypto can see 28583-27401 are, which will be next zone for buyers to appear.

ElliottWave_Trader

BTCUSD remains bullish against the 19578.29 low, targeting 30070.8 + area. Invalidation level for the view comes at 27240 low.