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user100000
May 22, 2015 8:54 AM

Elliott Wave Analysis of BTCUSD/BITSTAMP; 4H Long

Bitcoin / U.S. dollarBitstamp

Description

Based on the width of the triangle trend lines at point of origin it's possible to estimate the triangle's thrust starting from wave (e) of the triangle. I wouldn't rely on this because expanding diagonals are more volatile but gives a general idea of the what's coming
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