BTC 4H chart - update on wyckoff accumulation/ elliot waves
Good morning traders, please see my previous analysis of the wyckoff accumulation (linked to this idea at the bottom).
I have now cleaned up my chart as it was starting to get a little bit too busy.
I have measured the fibonacci extension levels and drawn these on but removed the extensions tool and added in my predictions for price movements.
I am expecting the purple wave 3 (lower degree of waves) to complete around the purple 161.8% level.
I'm fairly new here, so would appreciate your support with Likes and comments.
If you have any questions about my analysis send them in the comments.
Happy trading
I have now cleaned up my chart as it was starting to get a little bit too busy.
I have measured the fibonacci extension levels and drawn these on but removed the extensions tool and added in my predictions for price movements.
I am expecting the purple wave 3 (lower degree of waves) to complete around the purple 161.8% level.
I'm fairly new here, so would appreciate your support with Likes and comments.
If you have any questions about my analysis send them in the comments.
Happy trading
コメント:
Ive added in a fibbonacci channel to also help with identifying future price movements.
