September 20, 2020

Wave Analysis ETH / USD

# ETH / USD
TF: 4H, 2H

I made a mistake with counting the waves in past updates. The market has shown that they are likely to form (i) - (ii), but not at all (iv) of [i]. Confirming and critical levels, as usual, are shown in the graph.

Most likely because, if desired, the downward movement perfectly decomposes into an impulse (see the third picture).

Summary: I do not recommend anything until the situation is clarified. I myself will take the margin long from the green 62% of the fib, but this later, and only if a number of other conditions are met
Wave Analysis ETH / USD

Wave Analysis ETH / USD