TradingView
afinalboss
Apr 14, 2024 6:41 PM

Sub-Fractal Shift Zone Long

BitcoinCRYPTO

Description

Although i can see a nice drop coming in that would fill corrective waves a bit more "text book", if we're to move up from here I would use my fractal method of counting.

Fractal wave counts are all the same as standard Elliot Wave, except when a market is creating a larger fractal wave, or a bigger wave than the data is displaying currently. With that in mind, you simply apply a larger wave correction TO the smaller (intraday) Corrective wave.

For Example: A 15min chart ABC corrective wave that's completed will also be completing a larger daily, weekly or monthly ABC correction within that smaller 15min Correction.
More