Hi traders,
Last week Bitcoin made a small correction down and up again to finish wave 3 (blue).
After that it started a bigger correction down for wave 4 (blue). This could be a Triangle (no break of previous low) or Zigzag (break of previous low into the bullish Daily FVG).
After the finish of the correction down we could see more upside again.
Let's see what the market does and react.
Trade idea: Wait for the correction down to finish.
Then after an impulse wave up, a small correction down on a lower timeframe and a change in orderflow to bullish you could trade longs.
If you want to learn more about trading FVG's with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
Don't be emotional, just trade your plan!
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