So I was expecting a pattern here and we have a perfect Impulse and a corrective structure which seems like a ZIgZag ABC.
A smaller degree impulse happened inside the structure so we will look for a buy set up; however it could continue correcting, let's hope it goes as planed.
Always trade with care,
pretty simple, just follow my updates for all the moves I will be forecasting but basically, we expect a consolidation before any upside moves. Plan A is a bearish move since this could be a correction.
Check my last BTC analysis in Linked Related Ideas. We pounded that one :)
Bitcoin got out of the last structure I analysed if you check my last analysis here on TV.
While some people dare to confirm we have a full reversal in Bitcoin I would not be so optimistic, let's see how fast/slow it goes up from here. I believe we are in an uptrend for the following couple of weeks according to some wave analysis rules in the bigger...
Looking for more downside in BTC in the short term. We have a sell set up forming up! Trade with care.
Plan B is this downtrend ends and we start getting impulses to the upside...which I doubt by now, but there is a ver small chance.
Looking for EURGBP to go up and hopefully brake the structure. Find any buy set up to trend line and if it brakes then keep it for the long term. If it hits the low (bottom orange line) then we will re analyse.
As we look for a total reversal to the downside in the Dollar, the Euro should start a new uptrend impulse to brake the top and maybe find the green level applying mathematic relationships. Plan B is we start a new downside trend.