Clean structure on BTCUSD 4H ๐
Wave 3 completed with momentum expansion. Now watching a textbook Wave 4 triangle (AโBโCโDโE) compressing under the 0.382 retracement.
Price is respecting the descending channel and coiling near the D leg.
Plan:
โข Let E complete
โข Wait for breakdown confirmation
โข Targeting Wave 5 into lower channel support
No anticipation. No emotional entries.
Structure first, trigger second. ๐ฏ
If this is truly Wave 4, expansion to the downside should be impulsive.
#ElliottWave #Wave4 #BTC #Discipline