Rio in 4H chart
Hello
It has been a while that we are waiting for it rally and I expect it happens this week. I think, if BTC starts rising tomorrow in NY session then it might start too. This consolidation area seems to be an ABC patterns that was trying to finish last wave 5 of (C) and if my forecast came true, it would be open with a Gap or make a shadow to hunt that stops and then rise.
All of these are idea and wait to get confirmations.
Thanks
It has been a while that we are waiting for it rally and I expect it happens this week. I think, if BTC starts rising tomorrow in NY session then it might start too. This consolidation area seems to be an ABC patterns that was trying to finish last wave 5 of (C) and if my forecast came true, it would be open with a Gap or make a shadow to hunt that stops and then rise.
All of these are idea and wait to get confirmations.
Thanks
Nota
This is how Elliott works.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.