zcchouge

BTC Still in Moon mission, elliot wave short term

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
"If we can't build a strong 1-5 wave directly, let's build a triangle correction wave on wave 2 (see my last post https://www.tradingview.com/chart/XBTUSD...) "
The chart shows you all, i won't trade these tiny waves, i will just hold my long here.
ofc , with a SL. (depends on your entry)
Dec 02
Trade closed: stop reached
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Comments

One Question wave 2 is never a triangel or iam wrong!?
+1 Reply
p2hku Nakamoto2020
@Nakamoto2020, Yes I think you are right. I am studying elliott right now and wave 2 is usually heavily corrected. Wave 4 is usually less corrected and that's why it can be often a triangle.
+1 Reply
zcchouge Nakamoto2020
@Nakamoto2020, Hey, naka, it is very rare indeed, but it is not never from my point of view
Reply
Amazing! Good job!
Reply
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