Correction pattern change for Bitcoin? for BINANCE:BTCUSDT by EduwaveTrading
Hi traders, Last week Bitcoin went lower and created a bearish Daily FVG. It looks like the Bears are getting stronger. So the (orange) B-wave could change into a Triangle and we could see another move up slowly before another drop to break (orange) wave A. Let's see what the market does and react. Trade idea: Wait for a small correction up and a bearish change in orderflow on a lower timeframe to trade shorts. This shared post is only my point of view on what could be the next move in …
Hi traders,Last week Bitcoin went lower and created a bearish Daily FVG. It looks like the Bears are getting stronger. So the (orange) B-wave could change into a Triangle and we could see another move up slowly before another drop to break (orange) wave A. Let's see what the market does and react. Trade idea: Wait for a small correction up and a bearish change in orderflow on a lower timeframe to trade shorts. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. But I react and trade on what I see in the chart, not what I've predicted or expect. Manage your emotions, trade your edge!Eduwave🆓 Study my IG posts for free education💯 VIP Discord membership (with Tradingview indicator) and other trading products:eduwavetrading. gumroad. com📈 Benefit here from my Weekly outlooks of EU, S&P500, gold and BitcoinElliott WaveTrend AnalysisDisclaimerThe 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 theTerms of Use. DisclaimerThe 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 theTerms of Use.