Price showing ABC correction after initial 5 part bullish wave and rising wedge pattern.
Expecting price to retrace into the golden zone (62% retracement level on 1D timeframe) and touch the 50 EMA for additional confluence at $50,000 institutional figure by next week.
I will go long at $50k and hold until the end of the year.
Expecting price to retrace into the golden zone (62% retracement level on 1D timeframe) and touch the 50 EMA for additional confluence at $50,000 institutional figure by next week.
I will go long at $50k and hold until the end of the year.
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