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RE: BTC red alert! - updated chart
The chart does not care about EW rules really. A single person can violate all those rules any time,
just openening or closing a huge position. And single person's decisions does not have to follow any rule. It can be random from objective perspective.
People who read this blog, check this out:
Yeah people. Go ahead and watch a 1 hour video about market psychology to find out that the rules of EW don't apply. Seems reasonable.
I didn't get through the first 10 minutes, because this video is sooo boring and useless to me.
I posted the video not to prove that EW rules don't apply, but to help your readers make consistent money.
Cheers.