user100000
Long

Wave 5 of C ew count 4h

BITSTAMP:BTCUSD   Bitcoin / Dollar
i counted wave 5 to make sure everything is in order and is indeed an impulse wave. wave 5 of 3 was extended. it had two extensions. larger and smaller degree extensions within each other.. that is unusual and quite volatile. thats why it covered a large distance of 1.618 * waves 1-3

that was similar to what happened in wave c of 4 recently but in reverse. waves 1 and 3 were of normal length so wave 5 extended by 1.618 of waves 1-3
Nice work. Learning a lot from your posts, thank you :-)
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user100000 johnrfraser
thank you kindly
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