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BITCOIN-Wave 4 of iii) is a triangle and 41200 is TP

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BITCOIN-Wave 4 of iii) is a triangle and 41200 is TP

MARKET COMMENTARY:


1. Currently we are in the wave 4 and i am expecting a triangle and will break that and will reach to 41200 and above to complete a 3 wave structure.


2. Whether Y) wave will continue in WXY pattern or a,b,c if it is in a,b,c format it will again make a 5 waves after wave iv) as i shown.


3. If not once it did a 3 wave structure near 41500 we get a rejection for X) and again we will see 47k laterzz...


 DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


Edited 15 Jun 2021, 22:16

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nmkvijay
Author
If u observed what i am sharing here...immediately it is not reaching to the traders..it will get some process and later it is sharing here....so mind that if you didnt understand the EW strategy its tough to follow me and the time of sharing and processing getting delay...MIND THAT and learn in mine not to trade BLINDLY and FOLLOWING mine prediction lines drawn on the chart.
nmkvijay
Author
i bought @ 40080 and i am getting ready to share that time it came to 39700 and then bounced and hit TP of mine @ 41200 high made 41289 and in IC Markets high was 41317 so now wait for the another trade setup as i said no TRADE HERE...ALREADY TP got hit
I don't think there will necessarily be a triangle
nmkvijay
Author
TP hit already
Is the stop loss placed at 39620?
nmkvijay
Author
TP hit already

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