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Rachel_T
Nov 7, 2018 8:30 AM
BTC Exit Pump of Primary Wave 2 to $168
BITMEX:XBTUSD.P
1D
Bitcoin / US Dollar Perpetual Inverse Swap Contract
BitMEX
Description
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Nov 7, 2018 8:30 AM
Please keep your comments professional, and also please check out my other charts for the primary wave before commenting.
Trade closed manually
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Nov 19, 2018 12:33 PM
Idea Failed
Trend Analysis
Chart Patterns
Wave Analysis
Comments
Rachel_T
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Nov 7, 2018 10:05 AM
Improved the quality of the fractal and adjusted the targets accordingly.
Rachel_T
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Nov 9, 2018 11:43 AM
@Rachel_T
, Also relabelled the major wave correctly (ABC) not (WYZ)
Rachel_T
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Nov 9, 2018 11:44 AM
@Rachel_T
, The ABC here to december is an inverted expanded flat (See page 26.
0104.nccdn.net/1_5/1d1/31d/37b/A.J.-Frost--Robert-Prechter---Elliott-Wave-Principle.pdf)
Rachel_T
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Nov 7, 2018 9:17 AM
Wave B Retracements are typically 38.2%, 50% or 61.8% but in rare circumstances (no rarer than the extended wave 3 & wave 5 on last years bull run to 20k), can also retrace to 78.6%
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