Short-term trading plan within the framework of description:
Buy now with stop loss at 11450 and take profit at 12300.
We continue our column about the nightmare fall in the price of bitcoin.
The price begins to subtly hint at the possible formation of the "Wedge" pattern in the 5th wave of the current impulse: in a more precise interpretation, this pattern is called the final diagonal wedge.
The final diagonal wedge is characterized by the presence of 3-wave patterns in both waves 1,3,5 and corrective waves of 2,4.
Of course, while there are no fully formed waves 3 and 4, it is too early to declare a similar situation with 100% probability.
However, nothing prevents us from making adjustments to our trading plans at any time :)
Buy now with stop loss at 11450 and take profit at 12300.
We continue our column about the nightmare fall in the price of bitcoin.
The price begins to subtly hint at the possible formation of the "Wedge" pattern in the 5th wave of the current impulse: in a more precise interpretation, this pattern is called the final diagonal wedge.
The final diagonal wedge is characterized by the presence of 3-wave patterns in both waves 1,3,5 and corrective waves of 2,4.
Of course, while there are no fully formed waves 3 and 4, it is too early to declare a similar situation with 100% probability.
However, nothing prevents us from making adjustments to our trading plans at any time :)
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Update
