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BTCUSD: experimenting with Elliot

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This chart is an answer to a question: What if I connect all overbuy & oversell initiation points (reds and greens) with Elliot's waves?

Method:
  • downtrend:green>red>green>red>green>red
  • uptrend:red>green>red>green>red>green


Also a try to predict couple Elliot's events in near future relying on Al Po's Bands levels

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