Overnight price action for Bitcoin (BTC) has put in the a,b,c and d waves in the symmetrical triangle consolidation. It's likely that most of today will be spent in completing wave e. Once the triangle is complete its breakout could provide the onset of a smaller wave 3. The fives waves up earlier represent subwaves of a higher degree of trend wav 1 and this correction could be a wave 2 and so a breakout would allow wave 3 to start. The later mid-day update will focus on potential targets and pathways.
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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
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Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
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