POLONIEX:BTSUSD   BitShares / US Dollar (calculated by TradingView)
Hi guys,

I post this because I want to archive it as probable (I dont have a pro account so I cannot save charts). It is more to bring it back later than a 100% certitude that it is the current pattern.

I was saying in my anterior BTS post that we have a unidentified structure. Dont work tonight, got time to extrapolate, so my hobby is to open Elliot Wave Theory book and make brain works.

The Theory rules are in the chart. It potentially correlate with the BTC move that I project as BTS fluctuate at higher rate than BTC . This is something that I will put in my bag and re-use it if needed.

If you are a swing trader and follow my call blindly (which i do not recommend since Im not Elliot ) just follow this safer picture :



*type error in chart : normally C waves are retracement waves. but ABC waves can be bullish when they are part of a subsequent pattern that follows it like flat, expanded flat, etc. You should read "Wave C: Prices move impulsively higher in five waves"
Trade active: Personal saved chart (dont have pro acocunt so I save them here). ABC full swing trade file. Archived :

Comment: Note to myself. 1D MA100 & 1D MA150/200. 1.618 of A 18/11/14

Comment: Tp1 0.1321 tp2 0.1475
Comment:



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