BTCUSD Elliott Wave Forecast - Wave 4 Correction

The chart depicts my long term primary count for BTC. To put briefly, it indicates a final impulse before the completion of this wave cycle once this ongoing correction has concluded.

Alternation guidelines concerning Waves 2 and 4 would allude to a simple correction for this ongoing Wave 4, as BTC had printed a more complex correction for Wave 2; namely a Triple Three. The simple correction here is in the form of a Regular Flat.

EW flats, be it Regular, Expanded or Running all consist of a 3-3-5 wave structure (ABC). The ongoing ABC correction is readily apparent and close to completion. I will provide a more detailed breakdown of the current Wave C shortly. Will also share my alternate count at some point, follow to stay updated and to be notified of the post.


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BeyondEdge
Your Edge Is Your Perception. Go Beyond.

تعليق:

*Important*

Kindly ignore this idea as it contains an oversight. Please refer to the amended idea below.