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Trade-Technique
Jan 19, 2021 10:49 AM

Waves Counting + decisive time for directional of move! 

Bitcoin / U.S. dollarBitstamp

Description

As per all of historical records with counting of the wave, we concluded that the price move 34707 and 33200 or 38700.

5+3 = 8 Waves counting is not hard if you close chart closely.

Longer view for counting waves:


Complete Waves:

Trade closed: target reached

Comments
RavindraBhise
mentor u deserve 600 likes
Trade-Technique
@RavindraBhise, Thanks so much for your inspired comment.
FieryTrading
Great analysis, thanks🚀
Trade-Technique
@FieryTrading, welcome
poplach
I was always wondering how people count Elliot waves before they form.
I was learning a lot and in the end ended up knowing how to apply them on complete chart, but it's merely impossible to apply on incomplete chart, since every wave might become longer which in fact makes you recalculating all of them from the beginning.
Trade-Technique
@poplach, Yes, I am also learning. So Don't worry, You can try it also.
poplach
@Kinnari_Prajapati, I've been trying for years, yet I don't know how to apply them with more than 50% of success chance. So I decided to go for other type of analysis.
Trade-Technique
@poplach, Ok I will support you.
poplach
@Kinnari_Prajapati, Thanks, good luck with your work!
Trade-Technique
@poplach, thanks once again.
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