Hello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
BTCUSDT :
a possible Elliot count is shown on the chart.
I use these points for my analysis:
1- pattern:
After the completion of 5 bullish waves, the ABC correction is seen and the price reverses from 62% retracement wave 1 or A.
2- price:
I used the Fibonacci level to determine a PRZ zone (a zone with high probability to reversal)
3- time analysis:
I used low to low and wave (1 or A) time retracement to determine a TRZ (a time zone with high probability to reversal).
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
BTCUSDT :
a possible Elliot count is shown on the chart.
I use these points for my analysis:
1- pattern:
After the completion of 5 bullish waves, the ABC correction is seen and the price reverses from 62% retracement wave 1 or A.
2- price:
I used the Fibonacci level to determine a PRZ zone (a zone with high probability to reversal)
3- time analysis:
I used low to low and wave (1 or A) time retracement to determine a TRZ (a time zone with high probability to reversal).
