Found a nearly perfect bearish Gartley on the 4hr chart for BTCUSD. Good thing I closed my long at 9280! Supply and demand zones are used as profit targets.
Copy and paste. And this will never happen because it already has.
Supply and demand zones will cause the price to bounce.
Arrows indicate where i copied and matched the fractal
Applying the Flippidy Doo fractal rules to BTC price. Yellow line is the closing price of a fractal from a random 1min chart today. To find out more read "Principles of Modern Flippidy Doo Analysis" by DirtyFrank.
Fractal by DirtyFrank. Easy to read yellow price line that is fun for the whole family!
Based on oridinal idea by DirtyFrank. Respected 1.5!
We hit the downtrend resistance at ~11000, this was the end of wave 3. Corrective wave 4 will bring the price down to 9100. Wave 5 should end around 12880.
We hit the end of the ABC correction on Feb 6. Let's see this 5-wave and then the following ABC hit some of these price points.
April we will hit $1700 according to my chart. The 12345 wave ended in Dec and Feb 6th was B from the ABC that we are in. B is at $11079.
Elliot 5 wave will go down to 9100, then up to 9600.