SUMMARY
WaBi/BTC is looking very attractive to ladder in, if not yet already! The triangle waves are nearly complete as a,b,c,d,e. Recall that not every triangle requires five waves; in other words, price could easily breach the upper white line of the triangle as wave d and not complete wave e. The white Elliott Waves show the initial impulse that could provide a signal for a turn in trend from down to up. From time perspective in duration of the correction per the Hurry Up & Wait syndrome, an a,b,c,d,e laterally moving price often suffice.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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