Form the 2nd leg
With the correction pattern after wave one, we will form the second leg at around 61,8% of retracement.
https://www.tradingview.com/chart/XBTUSD/h21JxjWi-Where-everybody-sees-h-s-I-see-W-reversal/
I'm pretty much consistent with my previous bets.
Why do I call them bets? Because the chart will always take the path of biggest pain because, the price, when left alone will search for states of high entropy (low number of options) and when interacted with by strong impulses will contradict entropy and search a state that gives most options (intelligence that contradicts entropy).
https://www.tradingview.com/chart/XBTUSD/h21JxjWi-Where-everybody-sees-h-s-I-see-W-reversal/
I'm pretty much consistent with my previous bets.
Why do I call them bets? Because the chart will always take the path of biggest pain because, the price, when left alone will search for states of high entropy (low number of options) and when interacted with by strong impulses will contradict entropy and search a state that gives most options (intelligence that contradicts entropy).
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