user100000
Long

Closer look at Wave (Y) triangle (high level consolidation)

BITSTAMP:BTCUSD   Bitcoin / Dollar
303 1 4
Each leg of the triangle is corrective (three waves structure). Wave D seems to be underway at this time and should end at any level below 447.99 (below where B ends) as it is a contracting triangle. Once the market eventually takes out the blue dashed line I believe primary wave 3 will have started. Note, a triangle at the end of a WXY correction is usually the final pattern
Johnsdad
10 months ago
Seems like your latest predictions about wave 3 have all been wrong. You keep postponing the start of the wave. At what point do you start re-evaluating?
+1 Reply
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