crikz

LTCUSD Bullish impulse and Bullish Crab pattern

crikz Actualizado   
BITFINEX:LTCUSD   Litecoin
Hey guys i noticed this pattern on LTCUSD and thought to count it too.
The bearish correction seems to be over therefore i would recommend buying it.
First target shall be the minute wave 3 (purple) with projection of 1.618 at price 155.40
Will update to see how it goes, goodluck!
Operación cerrada manualmente:

Wave 4 entered price territority of Wave 1 in the lower degree therefore it is not an impulse wave.
My count was wrong and the trade is closed on this spot.

For professional Elliott Waves analyses , courses and signals check out:
lionheart-ewa.com/?partners=6...
Comentarios:
Comment: The rally up was indeed an impulse which reached 161.8 Fibo as wave 3 should reach and then 200 fibo for wave 5. But i see that as C correction wave which was finished and the downtrend continues now.
Goodluck guys!
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.