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patilan
21 נוב׳ 2018 10:40

Beware of the falling wedges! לונג

Bitcoin / DollarBitfinex

תיאור

Beware of bears, most people think...
While I am thinking - beware of falling wedges !

the formation you're seeing is an ending diagonal (falling wedge) in a bear market .

More info on:
stockcharts.com/school/doku.php?id=chart_school:market_analysis:identifying_elliott_wave_patterns

הערה

Enough is enough

תגובות
blackerail
Your wave 4 is going into wave 1 territory
patilan
@blackerail, Yes, but it is a pin bar on daily.
Also , the rule states "Wave 4 cannot overlap wave 1, except in diagonal triangles and sometimes in wave 1 or A waves, but never in a third wave. "
עוד