Ben-jamine_1111
Short

5-3-5-3-5 Wave-5 extension with Elongated Triangle Sell set-up..

COINBASE:BTCGBP   Bitcoin / British Pound
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4
After BTC/GBP rallied from lows of 416 in August, it then decided to show extension properties within wave-5 beginning in October... Recently I'm early November it began to form a Truncated Zig-Zag pattern which was part of the usual triangulation of a wave-5 extension and the completion of a 3 month up move!

Expect shorts to reach a minimum of 0.618%...

530.00 is a Major low resistance point and may be the start of an impulsive move in the trending direction which is Upward currently...

Bitcoin millionaire... I understand...

Comments

Here we see the complete pattern from a macro perspective...
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