Elliott Wave Analysis: Forex, Oil And BTC/USD


Good day traders!

BTC/USD is trading higher, unfolding a clear bullish movement which indicates black wave V to be in progress. Specifically, we see price trading choppy and slow for the last few sessions, which also suggest the price to be making a corrective pullback within uptrend. We see a potential EW triangle correction unfolding within wave 4, that can once completed point and push price towards new highs.

For more detailed analysis, check the Video below.

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