gregotsw
Long

BTC/USD AB=CD and Crab, end of downtrend?

BITFINEX:BTCUSD   Bitcoin / Dollar
Chart looks promising, check. Potential targets near 15k$
Trade ist aktiv: We are in uptrend now. Wait for correction and get on a uptrend train. Targets near 15k$.
Trade ist aktiv: Now is a perfect time to join. We have Leonardo Pattern, that's confrmation end of this small correction. We are still in uptrend.
Trade geschlossen: Ziel wurde erreicht: All targets reached. Check the chart, we can see Leonardo pattern, it suggest downtrend soon. Check my new idea.
Perfect crab.
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should i sell or buy ????
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gregotsw terrahigh
@terrahigh, It's your decision, That is trend change formation. Trend is change for uptrend if this formation is correct.
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terrahigh gregotsw
@gregotsw, so i should not sell if its uptrend. what confirms that this isnt uptrend and still downtrend?
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gregotsw terrahigh
@terrahigh, If D point will exceed down. That will be confirmation for downtrend. Triple or more test of D level also confirm downtrend.
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