BTCC Daily EW Count

BTCCHINA:BTCCNY   Bitcoin / Chinese Yuan
Wave (1) almost complete as shown by the red channel. By drawing a channel connecting waves 2 and 4 and touching the extreme end of wave 3 we can see wave 5 nearing the upper red channel but still has some room to move sideways and spike to 5110 before completing this impulse wave.
does wave (2) really have to go that deep? would 3900 do it?
jfun jfun
guess not .. :)
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