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What if the triangles ends up being a failed one? Probable
A while ago I showed how I spotted the Eliott ABCDE Triangle. Also, showed where it leads.
Now. We all know the overall context is not THAT bullish so...
Let´s consider the more reasonable "triangle in the end fails" theory.
Redrawing my Corrective ABC I had originally, it not only still points towards my prior target (1: 1 ratio with A Wave), it also poses the question on whether me might get a ride towards a deeper retractment.
Less probable, 1: 1.618 ratio between A and C. Still possible.
Let´s see what Bitcoin traders decide tonight.
In the end, we depend on it.
;)
PS. Sorry for the back and forth hahahah!
Now. We all know the overall context is not THAT bullish so...
Let´s consider the more reasonable "triangle in the end fails" theory.
Redrawing my Corrective ABC I had originally, it not only still points towards my prior target (1: 1 ratio with A Wave), it also poses the question on whether me might get a ride towards a deeper retractment.
Less probable, 1: 1.618 ratio between A and C. Still possible.
Let´s see what Bitcoin traders decide tonight.
In the end, we depend on it.
;)
PS. Sorry for the back and forth hahahah!
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.