Elliot Wave Prediction - John's First (4h)

Bitcoin / DollarBitfinex

Description

⋅ Aug 18, 2018 8:08 PM

I am using Elliot Waves for the first time, after spending a two day study to get a MINOR understanding of how they work.

From what I have learned, I now feel comfortable enough to put up a chart. To show you my thought's.

I will post a 1 hour and 4 hour perspective, so you can understand where and how I achieved the levels I found!

Comments

royeo

⋅ Aug 19, 2018 7:47 PM

Agreed!

leftyloosy

⋅ Aug 18, 2018 8:49 PM

I agree. Do you have any suggestions for Elliot wave material?

I started reading Bill Williams book Trading Chaos, but I need more Elliot waves!

Thanks

mrandrewwill1891

⋅ Aug 18, 2018 8:30 PM

Well, the peak on your 1 waves isn't higher than the low on your 4 wave so that makes you better than most people on here! Im personally not big on elliot wave predictions (I do like to use them for counts to help predict when to get in and when to get out) so I can't say I agree or disagree.