Updated

BTCUSD: Elliot Wave 15m x3 Count lvls

wave points not time stamped just levels

Note

yes 4 is odd, but counted as a F-4 still valid above 1 for thoughts of the EW purists.

Note

An A wave would also make sense for this, all eyes on channel for now in the micro term

Trade active

Our high time frame analysis for this move on point so far, 2 more T ranges to hit if we are in extension.

(press play )

Note

sitting fraction under T2 atm were 60% of position will be sold from our long given back on the buy signal of a 1day close above prior res marked in chart and ta for a nice 5-6k profit (red candle prior target 1 candle ) feel free to take alook at trading history,. (stops are alrdy inplace for that trade, eth scalp and btc scalp active

Note

please refer to chart labeled ( BTCUSD: When to go Long
BTCUSD ) on profile

Trade active

But candle printed and held. signal from sar is now valid

Note

If we do not wick up back to channel our 2 lower time frame C waves are confirmed, watch 15-1h and 4h, can short a valid rejection to C if no S/R flip with next 4/1h candle though may be to fast for the higher time frame candle closes above 15m,. playing out thus far for C though 1-5 not negated until firm close under

Note

S/R Flip with have us rejecting of the bottom of the yellow channel if this is the case :)

Contrarianeyeview

Related publications

BTCUSD: 15M Long targets and negations

by Contrarianeyeview

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.