BTCUSD is running wave 3 of the Elliott wave pattern

١١ أغسطس

✏️BTCUSD forms a bullish wave after the end of the correction wave at the support zone around 112000. The bullish Dow 2 pattern is formed when there is confirmation of a candle above 115500. Currently, BTCUSD is running wave 3 of the Elliot wave theory and the absolute principle is not to trade against the trend of the main wave. Wait for the profit-taking wave of investors so that the BTC price can adjust to buy towards the Fibonacci zone 3.618.

📉 Key Levels

• Buy Trigger: Retest and rejection at the support zone 120,000
  
• Target 127000
  

Leave your comments on the idea. I am happy to read your views.

١١ أغسطس

تم فتح الصفقة

price is approaching support zone. consider price reaction on m15 and m30 for BUY strategies

١٢ أغسطس

أغلقت الصفقة: تم الوصول للهدف

If buying force pushes BTC price to close above fibonacci 1.618 we can activate BUY strategy