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TradeWaves-EWA
Jul 24, 2021 3:14 PM

๐Ÿ’จ๐™€๐™’ ๐™‹๐™–๐™ฉ๐™ฉ๐™š๐™ง๐™ฃ: ๐™Ž๐™ž๐™ฃ๐™œ๐™ก๐™š ๐™•๐™ž๐™œ๐™ฏ๐™–๐™œ๐ŸŒŠย Education

Bitcoin / U.S. dollarBitstamp

Description

โ‹…
โ—โ—โ— ๐™Ž๐™ž๐™ฃ๐™œ๐™ก๐™š ๐™•๐™ž๐™œ๐™ฏ๐™–๐™œ (SZ or ZZ)


โ—โ— ๐™๐™ช๐™ก๐™š๐™จ

โ— A zigzag always subdivides into three waves.
โ— Wave A always subdivides into an
or leading
.
โ— Wave C always subdivides into an
or ending
.
โ— Wave B always subdivides into a zigzag,
,
or
.
โ— Wave B never moves beyond the start of wave A.
โ— Wave B always ends within the price territory of wave A.
โ— Wave C almost always ends beyond the end of wave A. (failure to comply with this requirement is called ยซtruncationยป *

* Guideline, but should be followed as a rule

โ— ๐™‚๐™ช๐™ž๐™™๐™š๐™ก๐™ž๐™ฃ๐™š๐™จ

โ— Wave C should not fail to reach the end of wave A by more than 10% of the length of wave A.
โ— In a zigzag, the length of wave C is usually equal to that of wave A, although it is not uncommonly 1.618 or .618 times the length of wave A (rarely 2.618)
โ— Wave B typically retraces 38 to 79 percent of wave A.
โ— If wave B is a contracting triangle, it will typically retrace 38 to 50 percent of wave A.
โ— If wave B is a running contracting
, it will typically retrace between 10 and 40 percent of wave A.
โ— If wave B is a zigzag, it will typically retrace 50 to 79 percent of wave A.
โ— In a zigzag, if wave A is a leading
, then we would not expect to see an ending
for wave C.
โ— A line connecting the ends of waves A and C is often parallel to a line connecting the end of wave B and the start of wave A. (Forecasting guideline: Wave C often ends upon reaching a line drawn from the end of wave A that is parallel to a line connecting the start of wave A and the end of wave B.)

Elliott Wave Principal 2005 and Q&A EWI.
Comments
newbienxx
โ‹…
nice content, i had a q, can we see 20k for bitcoin
TradeWaves-EWA
โ‹…
@newbienxx, Thank you for your positive feedback!

About Bitcoin. I think so - the $ 20k targets will be met in the medium term.
elmir84
โ‹…
perfecto!
TradeWaves-EWA
โ‹…
@LIVERPOOLFC1892, ๐Ÿค
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