Suggest reading this post by someone who offers some good objective warnings and valid points regarding Haejin. Surely, an “expert” with alleged 20+ years experience should have picked up on the obvious bulldozer that was heading towards us if he’s any good. After following for a long time you begin to see the number of completely revised counts he has to do.
Suggest scrolling through the last month and having a careful look at his wave counts and the number of ones which have been fundamentally invalidated by elliott theory since then. Of course, with the constant revisions it makes it seem like he always gets it right. And don’t forget the alternate counts!
Hell, I can predict price direction with 50% certainty, it’ll either go up or it’ll go down. Now let’s make my primary count going up and have an alternate for down. Wallah, my chances of being correct on either my primary or alternate are now 100%. Let’s now throw in a bull market prediction that price will reach higher highs sooner or later, whether it be days, months or years. And BOOM, different pathway same destination. Wow! What do you know. Im never wrong :o !
RE: BTC Morning Update: Head & Shoulders Spotted!!