Generally I never draw the internales, but this time I left a few.
Thanks for your attention. If you have some question, go ahead and ask me.
I think that BTCUSD should go down to 7500, maybe more maybe less. I found the actual retracement to be too short in time and price. The second option that I see less probable is that we are not in a retracement, but in a wave 3. That is the idea in de kind of pink square that points to a elliott wave impulsive wave. Sorry for my english, I´m not a native speaker.
Sorry for the incorrect EW labeling in the chart, I think that this way you can see the waves in a better way. Sorry for my simple english, I am not a native english speaker.
Sorry for not explaining anything but I am always in a Hurry, I hope the chart to be self explanatory.
Desciption in the chart, sorry for my english, just ask if you have any doubt.
Description in the chart, sorry for my english, but you get the general idea
Hope you like. I Haven´t published anything because I live in a really fucked up 3rd world country, and I´m always busy. Thanks for reading and sorry for my english.
Short description in the chart.
Sorry for my english, detailed description in the chart.
It maybe ended or is near to end the elliott wave count, so stay alert.
Explanation in the callouts into the chart, in elliott analysis there´s always a lot of posibilities, I'll try to post a few more later.
The most possible is that oil gets near 48,5, the it make a retracement, and then up again Sorry, tradingview doesn´t let me publish it in a smaller time frame were you can see the waves as I see them.
If someone spanish speaking wants a translation, ask and I´ll do it. Si alguien que hable español quiere una traducción, pidela y la hare.
The oil movement into the trend line has gone really up for be a wave 4 of the previous bear market that ended in 2016-09-01, but there´s to wait a little bit to see what happens next, more info in the callouts
I´ll try to make a new post zomming in the wave 1.2, and beggining of wave 3
As I posted earlier oil went down, and now all depends in the red line if i breaks it the most posible is that oil keed down, if not the posibility is that oil went really up. Sorry if I wrote something wrong, I´m not a english speaker.