TheCryptoChartWhisperer

BTC/USD Diverging Leading Diagonal

Long
COINBASE:BTCUSD   Bitcoin
test
Order cancelled:
Invalid
Comment:
Ending Diagonals
As the name implies, Ending Diagonals appear as motive waves that terminate the build and development of an
existing trend (a larger degree wave). An Ending Diagonal can appear only as motive wave “5” or appear as
wave “C” of an “ABC” corrective development.
Being a member of the motive structures (or modes), the five waves of the Ending Diagonals strictly adhere to
the primal (overriding) rules of the motive waves. However, the subdivisions of some of these five waves are
somewhat different from the subdivisions of all other types of motive structures. Each wave of the five Ending
Diagonal waves is subdivided into three waves (i.e. including waves “1”, “3” and “5”). In other words, all its
subdivisions are corrective in structure.
Comment:
Maybe valid...lol
Comment:
I think my 3 is off $9,845 looks better...
Trade closed: target reached
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