Follow up on my last idea (link below) :
In this count, I prefer to take different points for the wave A and B
Wave A pushes much lower to 41k, wave B ends at 52k
Right now we are in wave C, and we are still working on the wave 3, meaning we still have wave 4 and 5 to come.
At the moment this scenario is more likely in my opinion, people are still not bearish enough.
Of course this could change next week at anytime, you just have to keep an eye on market sentiment and how many people are shorting.
For this count I expect a bottom somewhere around 24k, I will update you anyways on more precise levels in my next ideas.
As I said yesterday, no trades to be had here in my opinion.
Shorts were to be had from higher, and longing doesn't seem like a high probability trade right now.
Any questions?
Good luck traders
Remember not to break your rules
Habib
In this count, I prefer to take different points for the wave A and B
Wave A pushes much lower to 41k, wave B ends at 52k
Right now we are in wave C, and we are still working on the wave 3, meaning we still have wave 4 and 5 to come.
At the moment this scenario is more likely in my opinion, people are still not bearish enough.
Of course this could change next week at anytime, you just have to keep an eye on market sentiment and how many people are shorting.
For this count I expect a bottom somewhere around 24k, I will update you anyways on more precise levels in my next ideas.
As I said yesterday, no trades to be had here in my opinion.
Shorts were to be had from higher, and longing doesn't seem like a high probability trade right now.
Any questions?
Good luck traders
Remember not to break your rules
Habib
