As Easy as 1, 2, 3, 4: Counting Waves in Trading
As you can see notated on the chart above, major bullish trends tend to have four waves.
After the fourth wave is finished, it tends to reverse direction.
Major bearish trends tend to be "the elevator to the stairs," and have two sharp waves down instead of four steps up.
This signals a harmonic pattern that can make trading in the future more reliable and easier.
Where do you think RIOT, MARA or BTC are headed next?
We have an ascending wedge completing its pattern, which also could signal trend reversal.
This ascending wedge is hidden within a giant triangle formation. Will see a break up, or break down?
After the fourth wave is finished, it tends to reverse direction.
Major bearish trends tend to be "the elevator to the stairs," and have two sharp waves down instead of four steps up.
This signals a harmonic pattern that can make trading in the future more reliable and easier.
Where do you think RIOT, MARA or BTC are headed next?
We have an ascending wedge completing its pattern, which also could signal trend reversal.
This ascending wedge is hidden within a giant triangle formation. Will see a break up, or break down?
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