Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
eboard10
on 11/06/2015, 15:50:08 UTC
So, mid-term, it seems to me like long triangle (or maybe flat).




Hi Queeq, from my understanding, wave 2's rarely take an ABCDE triangle pattern. In your first chart you put an (A) to the drop from $304 to $214 (on bitfinex). On this larger degree count, I see it as either a  Wave 1 or C so I'm more inclined to see an ABC correction play out.

Your thoughts?