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user100000
Mar 29, 2016 2:17 PM

WXY Wave (Y) Triangle Long

Bitcoin / U.S. dollarBitstamp

Description

I believe wave E of the triangle is underway at this time. Wave E typically ends near the AC line if you extend it (see dashed line) but usually overshoots or undershoots the AC line. Once Wave E is "in" the larger degree Primary wave 2 will have completed the WXY correction
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