anthonysom

btc - channel impulse

Long
anthonysom Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Pulling a channel from end of wave 1 to the end of wave 3 seems to fit very well.

Rejection off the median + multiple rejections during wave 3 adds confluence to the validity of the channel.
Only thing I'm concerned about is how wave 2 and 4 may both be WXY and alternation is not present. however, wave 4 is definitely more complex than wave 2

possible expanded flat to take up liquidity before the move up
Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.