After the first corrective wave down, there almost always follows a second wave down unless the C wave failed. A failed C wave is possible but kinda rare.
This is why I expect to see a bulltrap in ETH followed by a second wave down.
I only think in waves and patterns when i see a chart. You might think this to be crazy, but i honestly don't really care, because it has earned me some nice profits in the past. EW can't predict the future, but it gives me a really good indication when the correction might be over. I don't see that to be the case for ETH yet.
I provide Trading ideas using EW and Pattern analysis. I am not responsible for any of your losses. Please trade responsibly.
Tell me what you think...
Have a nice day :-)
I like it seems like a good call.
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Interesting post, thanks! Following for more good content
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i will deliver^^. But i do not make a tradingpost everyday because my setups take time to form, and i am not trading every market
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You received a 3.00 upvote from @worldclassplayer
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