user100000
Long

Wave 3 of C - Feb 2014 - ew count

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
i hope this looks reasonable for wave 3 of C.
comments/suggest/critic welcome
for anyone interested, i was trying to search for some examples of leading diagonals on the internet and found that they can also take the form of an expanding diagonal instead of the usual contracting. so the above leading diagonal is an expanding form.

i found this youtube video of some analyst explaining it
https://www.youtube.com/watch?v=K90N2jknLFQ

also from the ewp book. i don't have the book myself but found this quote from internet:

"We have recently observed that a leading diagonal can also take an expanding shape. This form appears to occur primarily at the start of declines in the stock market (see Figure 21 ). (emphasis added)" -Elliott Wave Principle, p40
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