Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
If you press play on the previous chart, you'll see that wave 1 has been completed and wave (2) has also completed and retraced a bit further than predicted. Prediction was 36 and we got 22 lol. The start of this new wave is 20 so If this new impulse wave is correct the bottom of wave (2) is already in and we should be working towards wave (3). If this chart plays out then it would be safe to say that we're in altseason. Wave (3) top can be a bit lower than predicted, making the wave (5) line longer, however the top of these waves should be relatively around the area of my prediction.
Link to previous chart:
If you press play on the previous chart, you'll see that wave 1 has been completed and wave (2) has also completed and retraced a bit further than predicted. Prediction was 36 and we got 22 lol. The start of this new wave is 20 so If this new impulse wave is correct the bottom of wave (2) is already in and we should be working towards wave (3). If this chart plays out then it would be safe to say that we're in altseason. Wave (3) top can be a bit lower than predicted, making the wave (5) line longer, however the top of these waves should be relatively around the area of my prediction.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.