colourkarthik

BCHUSD Short AB=CD + Elliot wave pattern

Short
colourkarthik Updated   
BITFINEX:BCHUSD   None
Elliott wave is completing the correction of ABC after 12345 impulse trend. C is 100% projection of A forming AB=CD pattern. . C is also .618 Fibonacci re tracement of longer downtrend.one of the best setup to short
Trade active:
Entered the trade at 886.51
Comment:
C is also at maximum 2.618 Fibonacci extension of AB. C has been retested thrice for resistance in 15 Mins chart
Trade closed: stop reached
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