You are viewing a single comment's thread from:
RE: Bitcoin (BTC) Morning Update: Triple Decker Inverted Head & Shoulders
I studied it carefully. I have my doubts because I cannot find wave 4 to be lower than the bottom of Wave 1. This gives me a feeling that Wave 5 of the downtrend is yet to play out. I have pasted both the scenarios here, what do you think @haejin
Scenario 1 (Sacry Bottom target) :
Scenario 2 (Bottom already in for the time being - Wave Count - But Wave 4 is higher than low of Wave 1 or very close) :
Let me know what you think.