The BTCUSD market is moving according to the previously suggested scenario. There is forming a large triangle pattern, with the middle leg, sub-wave [C], completed inside as a double zigzag (W)-(X)-(Y). If so, the market is to start declining to a level below the previous low of 41704.00, forming a new bearish zigzag as outlined in the chart.
Trading plan for BTCUSD today:
Take profit: 41704.00.
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.