user100000
Long

MACD divergence

BITSTAMP:BTCUSD   Bitcoin / Dollar
note the divergence between wave 3 and 5
so what's short term target for this scenario?
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wave c looks complete. 2.618 of wave a and the 5th wave travelled .618 of waves 1-3
i believe wave 2 is complete now
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user100000 user100000
correction: c=2.236 of a
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