****Note: I'm not sure why the main graph is not showing all pertinent information...please look at photos attached below for better idea!****
It seems certain that an Elliott ABC correction completed for
BTCUSD; however I am not quite convinced a new impulsive wave have formed. Therefore, we are currently undergoing a "double three" correction.
It appears we have developed a 3 wave pattern (3-3-5) since completion of our ABC correction which may indicate this is an "X" wave of a larger WXY combination corrective wave in which "W" represents our initial ABC corrective wave, "X" represents our current position as a reactionary wave, and "Y" represents a continuation ABC correction that has yet to come.
1Day Chart:
It seems certain that an Elliott ABC correction completed for
BTCUSD; however I am not quite convinced a new impulsive wave have formed. Therefore, we are currently undergoing a "double three" correction.It appears we have developed a 3 wave pattern (3-3-5) since completion of our ABC correction which may indicate this is an "X" wave of a larger WXY combination corrective wave in which "W" represents our initial ABC corrective wave, "X" represents our current position as a reactionary wave, and "Y" represents a continuation ABC correction that has yet to come.
1Day Chart:
Dagangan aktif
(X) Reactionary Wave looks to have completed. Now we look to begin our continuation ABC pattern in the (Y) Wave. Final TP has not changed.Dagangan aktif
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.