Using the prior periods triple bottoming tail pivots several months ago, you can visually see that the same pivots occurred several weeks ago and another pivot today confirms the upward trend to $120k.
The trend lines show that the VWAP and the EMA are not being violated in most cases. Candles touch the average, than bounce upwards.
Keep it simple, easier to see the upward/downward trend without Elliot Waves.
The trend lines show that the VWAP and the EMA are not being violated in most cases. Candles touch the average, than bounce upwards.
Keep it simple, easier to see the upward/downward trend without Elliot Waves.
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