BINANCE:BTCUSDTPERP Bitcoin / TetherUS PERPETUAL FUTURES
Just an idea. Including revisions on previous ideas.
WXYXZ: triple combo waves (ex. a triple )
WXY: double combo waves (ex. a double )
If a wave is a , it comprises three waves decomposed as 5-3-5.
If WXY or WXYXZ is a , W, Y, and Z are each a .
W, Y, and Z waves can each be a double or triple .
X wave can be any corrective wave.
A complex corrective wave often comprises complex corrective structures.
A triangle RARELY appears in the second wave of an orthodox impulse.
A triangle prevents an equal-sized reversal pattern (a , a head-and-shoulders) from forming until it completes.
If a HORIZONTAL triangle seems to have an extended E wave, it should instead be counted as a three-wave structure.
Truncation is not considered in this count.
placement is just an idea. Please don't blame me for the number of components.
I applied it this time so X waves don't penetrate the arcs.
This is just an idea. Another counting would be possible. I don't insist this is the only correct answer.
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Check the revised version.