Macro 4th Wave WXY Correction
Bitcoin may be playing out a macro 4th wave WXY correction. I thought there was no macro count on Bitcoin until yesterday. I watched a video where Elo from Eloquent trades layed it out and it makes perfect sense. Amazing utube video. With what he said in mind I anchored a base channel (Kennedy Channel) on the second 1-2 from 2013. The channel intersects where I was looking for this WXY correction to finish. CRAZY COOL!!! My chart was getting messy so I left it unlabeled. But the highlighted yellow prices are the channel and the blue is the VAH and VAL and the red is the Macro POC. It is a thing of Beauty. Thanks Elo!!!!
twitter.com/EloquentTrades/status/1640445242850816000?s=20
twitter.com/EloquentTrades/status/1640445242850816000?s=20
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.