Just a summary of my anterior BTCUSD post. I explain deeper the arguments behind this projection. Many updates make it harder to follow sometimes :
If we break 6.8k or so (daily MA100)we definitely going toward 7.4k (got other higher targets but want to have a step-by-step analysis).
I share again what i belive to be a with outcomes (you will find it in my last post too) :
The only things that thickle me is the low energy histogram but on the other hand the sustained positive histogram candles provide a argument over a scenario
A of E reached :
going toward C
I looked at the subwave of C and it seems impulsive subwaves 1-5 like it should be for this C of ABC of E. (Elliot rule for C is 'its made of 5 subwave')
Live update tonight !
It must recover near this level at this point !
ABCDE completed : yes
Each letter of the ABCDE has an ABC pattern completed : yes
ABC of E completed : yes
Does C have 5 impulsives waves completed : yes
Support : the zone is holding
Do we have a recovery as expected : no/not yet
It is 1;54 AM the 10th of october, we finished the pattern. Will update at 3 am with more data.
Bullish pattern officially ended
Recovery as expected : yes
End of the post
As for now, bullish triangle completed yesterday at 2 AM with beautiful a 2 lvl 1-5 waves of C (C wave must be made of 5 IMPULSIVES waves !) of ABC of E (each letters must be link by ABC!) of ABCDE (HL & LH). ABCDE triangle rules respected.
I wont let emotions blur my vision. For now i suggest we adopt patience and lets meet us next post.
Give this post a like if it helped you.
Again check the support the rest and the count are just extra :