BTC emergency update 11.11.2020

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Potential for a bigger WXY correction detected.

Closed 80% of the longtrade that I started a few days ago. (I have a few others still running that I started months ago...)
The bullish count that I posted two days ago has not been invalidated yet. So this red candle could turn out to just be a smaller correction and not be part of a bigger WXY. But I have no reason to let this specific trade run into my stop-loss.
Planning to open it again lower if this turns out to be correct:

Alternate:

BTC is still up 400% in the last 8 months... let that sink in because we ain't seen nothing yet.

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Feel free to use and share my charts, but please mention me, ew-and-patterns@ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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Updates will only be posted on HIVE !!!

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BTC emergency update 11.11.2020 | Ecency