I think the yellow area, is good area for LONG. since this area are solid cluster, there's a previous low, there's 61.8 retracement and also there's 100% extension of ABC... Will update again soon! Cheers
waiting for price to reach D point and take long trade with low risk and high income
BITSTAMP:BTCUSD Elliot Basic behavior ;) iMPULSE LEG: Wave 2 = 61.8% of wave 1 (Prices usually do not retrace more than 61.8% of the wave one gains; Can never exceed the start of wave 1); wave 3 = 161% ext of wave 1 (can never be the shortest impulse wave); wave 4 = 38.2% of wave 3 (can never overlap wave 1 ); wave 5 = wave 1 CORRECTiON: Wave A =...