The BTCUSD is forming the bearish long-term trend as a double zigzag, with the motive wave A developing inside as a standard zigzag. There is forming the final impulse wave [C], with the final sub-wave (5) unfolding inside. Correction 4 has completed in wave (5) as a zigzag [A]-[B]-[C]. The Bitcoin price should be declining in sub-wave 5 to a level of 14600.00, where wave (5) will be 76.4% of impulse (3).
Trading plan for BTCUSD today:
Sell 21038.00,
Take profit: 14600.00.
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.
