noble1ones

Expanded Flat Wave B Suckers Rally Be Vigilant

Long
BITSTAMP:BTCUSD   Bitcoin
Appears to be an expanded flat with proregressive wave B making a higher high with a proregressive Wave C thrust within a proregressive Wave B. This typically gives a false impression that the correction is over and the upward trend is still in play. As mentioned before, typically regressive Wave C should end in an area that temporarily invalidates the 2 B bottom buy in signal on the daily time frame, in my humble opinion. Had to come back due to this sort of structure within the correction. All is well.....
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