First short target reached. Second target - (3350 - 3480) on BTC
After completing Wave B of ABC corrective formation, we've had a massive impulse downwards, indicating a beginning of a strong C wave, confirming our bearish bias.
We've been able to hit the first short target on 3630 - 3700 level and now we'll be looking on entering another short position on pullback with a solid R:R setup.
Check out the linked idea for more explanation about current wave formation and as always,
thanks for checking out this idea, comments and likes are greatly appreciated.
We've been able to hit the first short target on 3630 - 3700 level and now we'll be looking on entering another short position on pullback with a solid R:R setup.
Check out the linked idea for more explanation about current wave formation and as always,
thanks for checking out this idea, comments and likes are greatly appreciated.
Trade closed: target reached:
Second target reached! What a ride! Now we wait for the next opportunity.
