WRT B Waves


Sorry for the notification, but you can ignore.  I'm just writing this to 'file' in my pinned posts. It seems I'm writing this 5X a day because cryptos create such wild B waves. I want a quick link. 

Unlike the other waves in the Elliott Wave nomenclature, B waves have no reliable relationship on their own to the waves around them of the same degree.  They have no reliable retrace or target. They are simply all over the place. I can often target the C wave of said B wave after the internal A and B. But until that forms, I have nothing reliable enough to suggest particularly for trading. B waves generally should not be traded. 

Ryan Wilday hosts the Crypto Waves service on ElliottWaveTrader.net.


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