idontknowwhat

Elliot waves are cool again?

Long
idontknowwhat Updated   
BITSTAMP:BTCUSD   Bitcoin
I don't know how it happened, but I'm seeing some pretty clear EW structures. I'm not a big fan of EW, but when I see EW structures starting to appear, I tend to believe them due to the whole self-fulfilling prophecy thing. Thus, we might retrace to 9200 before reaching our final high at the main top trendline.
Trade active:
We may have already seen the bottom and now advance to the so-called 'wave 5' which should be the major TL.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.