BTCUSD 240 min. Possible long with potentially good profit.

5 Mar 2018

At the moment the probability of this variant of counting is about 50%. If "critical point" is overlapped I will treat this variant as the main one.
P.S.
Please do not be confused. This is not pure Elliott Wave Analysis. This analysis is based on a fork of Elliot theory which was elaborated by me about 10 years ago.

5 Mar 2018

Not

There is a small mistake in the markup. It has to be label (5)-((C))-(((B))) instead of 5-(C)-((C))-(((B))) and internal waves1-2-3-4 in this wave ((C)) must be marked as (1)-(2)-(3)-(4). It is just a technical issue which doesn't affect the idea itself. I'm sorry for any inconvenience which may cause.

7 Mar 2018

Not

Until now everything goes as expected. The market has finalized wave C-(1) and now is working on the wave (2).