HELP need some guidance on EW! Calling all BTC traders!

23 במאי 2018

Hi there I am practicing my EW.

BTCUSD

Would like to check with those in EW if the initial 5 count and ABC correction is valid.

If its wrong could you please explain to me where I fall wrong or any EW rules I am not respecting.

Technically that would consist of the first impulse wave i and ii meaning we are in the start of iii with more downside to come.

More charts for closer visuals

24 במאי 2018

הערה

Impulse wave 1 done. Now we should do a correction phase to 2. Base on EW usually wave 2 is the .5 fib or .618 fib.

29 במאי 2018

הערה

Seems like of a zig zag correction it did a running triangle with a continuation downwards. Now we are going to go for a 3/5 of this 3rd wave = huge drop soon.