TradewithLu

BTCUSD Short Term Trade Opportunity (Buy)

Long
BITFINEX:BTCUSD   Bitcoin
Action: Buy at Market Price between $11644.7 and $11139.3
Stop Loss: $10864.6
Take Profit: $12324
Order valid: 24 hours from publication

Wave 3 was exactly 1.618 x wave 1, so wave 5 could be at least 0.618 x wave 1, added onto the end of wave 4. If wave 4 ends at the 23.6% retracement of wave 3, the profit target will be higher. The target I have given is the most conservative, but I believe wave 5 will be the same length as wave 1 added onto the end of wave 4.

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