There are infinities within infinities. Hence why some infinities are bigger and smaller than others. Elliot Waves concept of cycles and larger cycles are a great example. Here is class A price action pattern of a leading diagonal in rhe USD JPY Daily frame.
How ever almost identical to a newly developed breakout on Bitcoin on the 4hour chart.
Like Broccoli the Elliot Wave price action wave counts are visible within smaller and larger time frames. Hence why professionals always conclude to look at the bigger trending move and then identify place of entry on a smaller time frame. Sounds good on paper, but it takes time and patience.
How ever almost identical to a newly developed breakout on Bitcoin on the 4hour chart.
Like Broccoli the Elliot Wave price action wave counts are visible within smaller and larger time frames. Hence why professionals always conclude to look at the bigger trending move and then identify place of entry on a smaller time frame. Sounds good on paper, but it takes time and patience.