RE: Bitcoin (BTC) Mid-Day Update: Combination of Patterns & Elliott Waves

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Bitcoin (BTC) Mid-Day Update: Combination of Patterns & Elliott Waves

in bitcoin •  7 years ago 

B cannot be greater than wave 5 i think.

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Where you see that? I haven't heard of that one.

Correct, that is not a rule of EW. When the B goes higher than the peak, it is often an expanded flat correction.

thanks for correcting me