Triangle forming in wave 4 consuming time before 5th up begins
I initially though BTCUSD is doing WXY (red counts) correction in wave 4 since W and X were 3-3. But the supposedly Y is shorter than W and X, and the whole pattern is emerging as contracting triangle which makes me think that we are actually doing a ABCDE (green counts) triangle in 4th. So it may not be deep but time consuming. ABC seem to be done and we are in D now so just a matter of time ...
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.