Mikeiavelli

BitcoinUSD Experimental Elliot Wave Setup 4 Hour

Long
Mikeiavelli Updated   
BITFINEX:BTCUSD   Bitcoin
Here we see an odd "Elliot Wave" setup, that doesn't seem to follow the rules, I based it on momentum and price position based on exponential moving averages (21) So it follows those rules when price is judged by it's position against the keltner channel. Here I transposed those positions to the price chart.

Targets and price is on logscale.

This is not trading/financial advice.
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hmmmm
seems to be working so far
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