BTCUSD: experimenting with Elliot

This chart is an answer to a question: What if I connect all overbuy & oversell initiation points (reds and greens) with Elliot's waves?

Method:

• downtrend:green>red>green>red>green>red
  
• uptrend:red>green>red>green>red>green
  

Also a try to predict couple Elliot's events in near future relying on Al Po's Bands levels