lorenzoMiami
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btcusd
elliottwaves
waveanalysis
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Strong support, assuming the EW is correct then it will go north.
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If we touch the upper area again, good chance for a nice reversal in line with the zone, the line and EW
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Nice clear support, EW showing a long and fast 3rd wave making room for a 4th which we will trade, before heading south again.
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Long time since I could put my finger on anything related to everyones favorite pair. This one looks clear to me. Nice 3:1 return. I believe it will extend beyond my limit, but to be safe in case it is a flat w5 I will stay at that limit. More aggressive investors could go even deeper or maybe a trailing stop.
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