BTC/USD Diverging Leading Diagonal

This is not trading or financial advice This is not a time dependent analysis

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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.

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The squeeze is on!

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3 hit! $10,060...