BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Drawn wave count ,,Chart is self explaining . Regards
Interested chart. But I can’t see impulse in wave 1 (could you make it in details ?) and if 1-2-3-4-5 impulse, but wave 4 is in area of wave 1, so it is a wedge, right ? Could be wedge as A ? Wedge usually 1st wave or 5th. Not sure about could it be in correction or not
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@nnovikov, It is corrective wave in ABC downwards ,,,If you see wave 4 over laping with Wave in A ,,,There is no Issue it is over all a corective wave any thing can happen .

Second part of your Q ,,It is not a Wedge , or triangle structure .

I was Unfolding WAVE B ( in Black color ) on Weekly Chart .



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nnovikov Elliot_Wave_Reloaded
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