EmanueleCarboniero

EmanueleCarboniero

As described per picture. If the price cannot hold the 200SMMA (which served as resistence more than once in the past), the possible outcome would be the completion of a butterfly pattern which ends exactly on the 5000$ mark, which is a very important psychological level. Good trading to everyone.

EmanueleCarboniero

This represent a possible long entry for a bounce. 786 Fibonacci going to be touched, confluence with previous resistance of 7500. Symmetric Triangle forming as well.

EmanueleCarboniero

As title. We are possiobly experiencing the "C" correction of the second Elliot's wave. If this is correct, the third wave will begin.