Macro level Elliott Impulse Wave for BTCUSD.
Following the traditional approach, Wave 1 starts Oct 21 when we have a big daily reaction to kick off the parabolic trend. This aligns directly to Wave 3 being the 161.8 to validate first part of the impulse move that started the trend. The retracement of wave 4 is the defined 38.2 length of Wave 3 . The...
Fibonacci levels can become powerful ways to find almost EXACT support and resistance levels and also time your trades. I have used them to predict turning points in markets on short time periods but they also are predictive in larger time frames.
How to Align Fibonacci Levels:
A very good and objective way to draw your Fibonacci levels is to use Gann...
