BTC has been completing 5 and ABC/ABCDE waves for days...weeks...
Having just completed a Miniscule 5 Wave we can expect a Miniscule ABC right now...It appears to me that these Minor and Miniscule 5 and ABC/ABCDE waves are part of BTC Primary Correction ABCDE which began on December 21. Should this be correct, that would mean that we are currently in Minor Wace...
Added selectable moving average lengths and selectable price basis to Tarzans Primary Trend Indicator.
This indicator gives a digital indicator between +6 and -6 indicating bullish, neutral to bearish.
Original work by Tarzan.
Hi Guys!
In the Palm Traders team we are looking for a big sell in USDCAD due to this Primary Cycle.
We are going down from where we think it's the ending of a primary corrective structure (ABC).
We had a reversal and now a flag consolidation, so we will be paying attention to smaller timeframes to enter a short position and get a few hundred pips!
Carlos