You are viewing a single comment's thread from:RE: BTC update 11.02.18View the full contextView the direct parentew-and-patterns (71)in #btc • 7 years ago It is either wave 4 (ABC) or if the low is already in, wave 1 (1-2-3-4-5-ABC)
ok ... so like this scenario 1?
i don't understand why is not wave 4 finished?
and bullish? how?
I cann;t count this as an impulse ever.
there is overlap. if not there is overlap in the extended wave.
if you count them as 2 impulses the corection of the second overlaps with the 5 th of the first makeing it an 3 wave ABC
Your wave 5 has 3 waves which is impossible. It is likely wave b of B like shown in my picture.
In corrective waves overlaps don't matter at all.
Wave 2 was short so wave 4 is expected to last longer and take more time.