The BTCUSD market has completed the bullish linking wave X as a double zigzag [W]-[X]-[Y], composed of two bullish zigzags connected with the linking wave [X]. Waves [W] and [Y] are zigzags composed of sub-waves (A)-(B)-(C). The impulse wave (C) has recently concluded wave [Y], and the market has turned down and started declining in the bearish impulse (1). The Bitcoin price should be moving down to a level of 41100, the low made by the previous corrective wave 4.
Trading plan for BTCUSD today:
Sell 43116.50.
Take profit: 41100.00.
Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.
Go to Register with LiteForex Platform
Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.
