This idea is showing a more standard full retracement ABC corrective wave.
If you check my other buy ideas for Bitcoin you can see the system I created using EW for its foundation and a fractal growth for counting the waves in a specific manner. The fractal shift completes the bigger waves correction without actually pulling all the way back as you would normally expect through "textbook" EW.
If you check my other buy ideas for Bitcoin you can see the system I created using EW for its foundation and a fractal growth for counting the waves in a specific manner. The fractal shift completes the bigger waves correction without actually pulling all the way back as you would normally expect through "textbook" EW.
Comment:
Sub-waves are lining up and providing a great R/R on the short here
Comment:
still valid until the wave 2 highs @ 71k ish are violated