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Updated Wave C Target
Bitcoin
Short
Updated Wave C Target
By tricor2000
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Jan 22, 2021
2
Jan 22, 2021
In less than 24hours of our last post our price target was reached for a 15% profit on both of our trade entries.
Consider a trailing 1D bar high (noted on the chart as the green line) for the new stop loss to lock in some profit.
Our eyes are now focused on the .382 retracement level.
Our weekly and daily momentum indicators are still bearish, however, we are on the lookout for the price to reverse in the short term.
Elliott Wave
elliotwaveanalysis
Fibonacci
Oscillators
short
Zigzag
tricor2000
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