[BITCOIN] CORRECTIVE STRUCTURE
- Posted by: Team Research
- Category: ANALYSIS & SETUP
Good morning Traders!
No change from our point of view, the pair should have completed wave (1) and we expect a corrective structure to complete wave (2). With this in mind, we tried to hypothesize a corrective structure ( abc ) with TARGET in SELL AREA, because from a technical point of view, it is correct to open short position on the first corrective wave. In conclusion, we can not confirm this technical rebound (the trend is very strong), but if this happens, it should be considered a SELL OPPORTUNITY with a stop above the TOP.
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