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BTC Pullback Long Setup
The most important aspect of identifying Impulsive or Corrective monowaves is that it allows you to deduce the trend of a particular market.
When trading becomes personal, everything changes.
Conclusion: Look to establish LONGS on BTC with STOPS well below the 78.6% retracement. Refer to graph for price level for 78.6% retracement.
Due to Wave Theory's mathematical quantification of Mass Psychology, it allows you to experience the economic "boom & bust" phenomenon, as what we are seeing here in BTC with greater interest and understanding.
KEY TAKEAWAY: All market action needs to be accounted for an classified to produce bankable interpretations. Counts should be built from the ground up on a "molecular" basis.
When trading becomes personal, everything changes.
Conclusion: Look to establish LONGS on BTC with STOPS well below the 78.6% retracement. Refer to graph for price level for 78.6% retracement.
Due to Wave Theory's mathematical quantification of Mass Psychology, it allows you to experience the economic "boom & bust" phenomenon, as what we are seeing here in BTC with greater interest and understanding.
KEY TAKEAWAY: All market action needs to be accounted for an classified to produce bankable interpretations. Counts should be built from the ground up on a "molecular" basis.
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