Looking For the Diagonal to End at 65k
Page 17 of the book that masters the art of Market structure. Elliott Wave Analysis. The Resistance of 65k however was not Learned With Elliott. The Chart Displays the Textbook definition of the Ending Diagonal where wave 3 is the shorter and travels into the price territory of wave 1. Another thing to note in the subwave structure is that they are 3 wave price swings. Not 5 Another sign defined in the book Elliott Wave Analysis The Key to Market Behavior. Time is equal to price based off of the last 2 swings which gave me the ability to calculate the price. Time + price = reversal
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.