Bitcoin - The Bigger Picture (Re-upload)
If you have any questions feel free to drop them in the comments. Thanks for all the likes and follows guys, I appreciate it!
If you have any questions feel free to drop them in the comments. Thanks for all the likes and follows guys, I appreciate it!
Truncated 5th wave is when the market has become so over-extended in Wave 3 that there is not much force left for the impulse wave to come to a proper completion. So when this happens, there is a chance that the last wave of the impulse, Wave 5, will not reach the end of Wave 3 before the market starts correcting in the opposite direction. At this point, the market is just too exhausted. This condition is often called a “failure” or a “Truncation.”