user100000
Long

Channeling awkward impulse waves

BITSTAMP:BTCUSD   Bitcoin / Dollar
535 4 1
Usually impulse waves stay within a channel, but sometimes wave 3 can be strong AND wave 4 can also move very sideways exiting from the channel you've created. In order to project the end of wave 5 in such cases try connecting waves (2) and (4) and draw a parallel line intersecting wave (1); that will project the end of blue wave (5) as you can see. It's not very well known technique.

Note: follow the blue labels
kumarz
2 years ago
a-b-c in a wave-5 ?
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user100000 kumarz
2 years ago
it's a diagonal. a-b-c up for 5
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user100000 user100000
2 years ago
which abc you referring to?... wave (4)?
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elgoranie
2 years ago
lol you most be ritch XD
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