Strong B happens when A is three waved because it feels like completion of a zig zag and an end to correction, herding behavior
Normally the herd can't identify the A and they buy a long term position and In case of btc a flat can probably have the same effect, cognitively
I will not be surprised to see btc at a new low because structure based wave count has that on the table then B, of course for my level of skill however I think we are in the B of a zig zag and B might end higher than ath, flat for flat?!!
To know why the first flat is a wrong one check the related idea
Patience is virtue of kings
If you know a very good book for golden mean and Elliott wave count then introduce me ...
Beyond Technical AnalysisBLXTrend AnalysisWave Analysis

Penerbitan berkaitan

Penafian