In my previous post I expected the price to make a new all-time high soon as there was a clear 5-wave impulse developing with 4th wave being a Triangle. Unfortunately, the Triangle was never formed, but instead it transformed into a Flat correction (A-B-C) with Triangle in wave B. This formation is very similiar to the previous higher degree correction. Just look at this chart, it's almost a fractal (except for the last leg -- three waves Y vs five waves C): 
So, the safest wave to trade this would be to open longs on brake of this Pitchfork (currently $2720) with target above all-time highs. A brake below $2400 will negate this scenario.
So, the safest wave to trade this would be to open longs on brake of this Pitchfork (currently $2720) with target above all-time highs. A brake below $2400 will negate this scenario.
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Telegram: t.me/NixTrading
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Агент-аналитик: t.me/NixAgent
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。