Sh-aw-nster

BTC/USD WXY-ABCDE Triangle Still Possibly in Play

BITFINEX:BTCUSD   비트코인
I posted this count a few months ago, and i believe this still could be in progress, as long as BTC doesn't really take a dive.

I was having trouble ascertaining what count this was, and went back and forth to an ABCDE Triangle to a WXY (ABCDE Triangle for Wave Y)

The reason I scratched the ABCDE Triangle is because these formations consist of 3 waves for each lettered wave. But in this case some of the waves have been 5 wave impulses and not abc three wave corrections.

This example is in Elliott Wave Principle on page 53 (1-47)

So this moves me to this current count (IF I'M CORRECT)

We will see how it plays out. I still have my core holdings and have ladders in with stops already planned out for my trading funds. Be cautious


면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.