So if the bottom is not in, im still expecting us to hit the 1300 vicinity and make the test on that. I would have waited it to go even lower but due to this april pump it looks like it wont go much lower than 1300 dollars. Make a note that the bottom might already be in. I am a trader, not a hodler so that is not that important. Only validations and/or invalidations of my waves are important.
In orange we have the subwaves of the . Im expecting the 4th (C4) to hit appr 5500 (5800 max) 30th april- 4th may. Bfore that we should see a retracement to 4700ish level and make a nice decent bounce up there.
My plan:
Long 4700 and/or Short 5500, depending which one hit’s first.
Targets
1. 4700
2. 5500
3. 3500
4. ?
5. 1300 (speculative. not tradeable, yet)
Published at Sun, 07 Apr 2019 18:13:36 +0000
