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60% Withdraw Of Last Wave -BTCUSD 3hr Opinion 7/15/2020

A five waves up-stream have begun at 2 Jul, after that we got three waves down.

We can see that the withdraw stopped on 9140 support line. The retracement rate is 60%.

Then a series of narrowing waves formed a trangile pattern.

So I think a new up-stream will start when the price hit the line above the pattern.

And we can except that the rise amount will be simillar with Last up-stream.

Buy:9280 Stop:9180 Target1:9610
Chart PatternsTrend AnalysisWave Analysis

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