Adjusted my wave count. Just publishing out of curiosity to see how my predictions do. I do not have any open trades, but a break above the triangle - by my count, not a triangle formation wave, but just some apparently relevant trend lines - may be enough for me to consider re-engaging a trade, depending on bitcoin's and ethereum's structure.
My previous analysis re. wyckoff accumulation can be found here:
My previous analysis re. wyckoff accumulation can be found here:
Note
Haha, lesson learned, if it looks like a triangle, and quacks like a triangle...I thought I was safe w/ the triangle breaking to the downside b/c I thought this is likely a large complete w1, and that if it's a triangle, it was part of a complex correction. This could still be the case, but I obviously got my count wrong.
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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.