Long

BTC Pullback Long Setup

377
The most important aspect of identifying Impulsive or Corrective monowaves is that it allows you to deduce the trend of a particular market.

When trading becomes personal, everything changes.

Conclusion: Look to establish LONGS on BTC with STOPS well below the 78.6% retracement. Refer to graph for price level for 78.6% retracement.

Due to Wave Theory's mathematical quantification of Mass Psychology, it allows you to experience the economic "boom & bust" phenomenon, as what we are seeing here in BTC with greater interest and understanding.

KEY TAKEAWAY: All market action needs to be accounted for an classified to produce bankable interpretations. Counts should be built from the ground up on a "molecular" basis.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.