RE: BTC update 01.04.18

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demonklyd (43)in #btc • 6 years ago (edited)

Actually it really does look threewavish (just my opinion/counting), and that would be a 5-3-5 flat (and a cute little expanded flat within it on a lower degree? not too sure now about how to count this triangle...):

(wave (iii) of circled C is not the shortest, no problem about it.)

6 years ago in #btc by demonklyd (43)

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ew-and-patterns (70) 6 years ago (edited)

I double checked it. You are right. Its a perfect ZigZag, with wave b being an abcde triangle. I did not revisit the lower timeframe again, so I missed it.
Thanks for the comment.