If you believe the market create symmetrical patterns, I believe Bitcoin is creating one now.
A head and shoulders pattern that hasn't even finished creating the head let alone the right shoulder.
If you have ever seen a head and shoulders pattern you might understand how the market takes it's time to carve out this pattern.
If you do not believe that wave 2 is allowed to retrace 99% of Wave 1 then you just do not understand waves.
If you do not understand how waves themselves operate at a granular level, then what do you understand?
We are not just talking about hindsight; we are talking about forward looking analysis as a result of knowledge.
At the very least for the Wave Component that is currently unfolding.
Yes, I am talking about just one wave.
If you do not remember, I have mentioned time and time again that markets only produce two patterns.
5-Wave Moves and Zig-Zags which I call wave components.
Each correction contains a combination of these wave components in a very specific order which I call AriasWave.
When you are trading within a Zig-Zag that is very large and expanded then you have a wave similar to the great depression Wave A.
Bitcoin is currently producing a great depression Wave A Zig-Zag pattern. We all know what happened after that.
In fact, I will link a video down below that explains what happened in the Dow Jones from the Great Depression crash until now, down below.
If you want to know the very fine and complex details of how entire corrections are formed, I got your back.
Check out my profile for my contact details.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
A head and shoulders pattern that hasn't even finished creating the head let alone the right shoulder.
If you have ever seen a head and shoulders pattern you might understand how the market takes it's time to carve out this pattern.
If you do not believe that wave 2 is allowed to retrace 99% of Wave 1 then you just do not understand waves.
If you do not understand how waves themselves operate at a granular level, then what do you understand?
We are not just talking about hindsight; we are talking about forward looking analysis as a result of knowledge.
At the very least for the Wave Component that is currently unfolding.
Yes, I am talking about just one wave.
If you do not remember, I have mentioned time and time again that markets only produce two patterns.
5-Wave Moves and Zig-Zags which I call wave components.
Each correction contains a combination of these wave components in a very specific order which I call AriasWave.
When you are trading within a Zig-Zag that is very large and expanded then you have a wave similar to the great depression Wave A.
Bitcoin is currently producing a great depression Wave A Zig-Zag pattern. We all know what happened after that.
In fact, I will link a video down below that explains what happened in the Dow Jones from the Great Depression crash until now, down below.
If you want to know the very fine and complex details of how entire corrections are formed, I got your back.
Check out my profile for my contact details.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
