I took all of the major bearish structures that are present on BTCUSD and estimated the second impulse down with the curved dashed lines. These are just meant to measure range and not show trajectory. The horizontal, trend lines, and curved lines are grouped by color. The first impulse dashed lines and the potential second impulse lines are the same, just copied and dragged. The horizontal lines are the areas that I will be watching for a bounce. The trendlines and potential breaks are just meant to serve as initial measurement points for the second impulse.
Comment:
Testing previous support
Comment:
w0w
