*I redrew TLs.
โ PREVIOUSLY ON SHIBA
Because 0.00003528 could be numbered 3, we had to recognize 4.
โ WHERE WE ARE
If 0.00002058 is 4, 0.00003528 must be broken to make 5.
Ascending lower TL works well. If the price goes down to there, it would be a good opportunity to put a long.
01 and 23 bullish impulses were simple waves, so we might have the zig-zag bullish waves, which make 9 waves, what's called extensions.
โ๏ธ5waves(impulse)
A...0.00001530(BUY)
โ๏ธ3waves(correction)
B...0.00002357(SELL)
โ๏ธ5waves(impulse)
C=0...0.00000510(BUY)
โ๏ธ5waves(impulse)
1...0.0000095(SELL)
โ๏ธ3wave(correction)
2...0.0000066(BUY)
โ๏ธ5waves(impulse)
3...0.0003528(SELL)
โ๏ธ1wave?(correction)*Rule of alternation
4...0.0002058?<-We should recognize this to buy.
โ๏ธ5or9waves(impulse)
5...*(SELL)
*As long as 0.00002058 remains unbroken, this idea is valid.
๐ Another Shiba
www.tradingview.com/u/waveslover/
๐กThe absolute principle for trading๐ก
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE๐๐ป AND FOLLOW MEโค IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU ๐
โ PREVIOUSLY ON SHIBA
Because 0.00003528 could be numbered 3, we had to recognize 4.
โ WHERE WE ARE
If 0.00002058 is 4, 0.00003528 must be broken to make 5.
Ascending lower TL works well. If the price goes down to there, it would be a good opportunity to put a long.
01 and 23 bullish impulses were simple waves, so we might have the zig-zag bullish waves, which make 9 waves, what's called extensions.
โ๏ธ5waves(impulse)
A...0.00001530(BUY)
โ๏ธ3waves(correction)
B...0.00002357(SELL)
โ๏ธ5waves(impulse)
C=0...0.00000510(BUY)
โ๏ธ5waves(impulse)
1...0.0000095(SELL)
โ๏ธ3wave(correction)
2...0.0000066(BUY)
โ๏ธ5waves(impulse)
3...0.0003528(SELL)
โ๏ธ1wave?(correction)*Rule of alternation
4...0.0002058?<-We should recognize this to buy.
โ๏ธ5or9waves(impulse)
5...*(SELL)
*As long as 0.00002058 remains unbroken, this idea is valid.
๐ Another Shiba
www.tradingview.com/u/waveslover/
๐กThe absolute principle for trading๐ก
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE๐๐ป AND FOLLOW MEโค IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU ๐