RE: emergency BTC update 11.01.18

You are viewing a single comment's thread from:

emergency BTC update 11.01.18

in btc •  7 years ago 

I don't understand a,b,c A,B,C in your charts...explanation?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

second picture:
Wave B consists of 3 waves a,b,c. Why not just 1,2,3? Because numbers are used to label impulses only. impulses have 5 waves always. Numbers always display corrections.
Some corrections partly consist of small impulses. For example a zigzag is counted 5-3-5. So wave A and C consist of impulses 1,2,3,4,5 and wave B is corrective a,b,c. On a higher timeframe this is still only a corrective structure signalling trend continuation.