Hi everyone !
The last time i've posted i was thinking we were correcting a first impulsive wave and after having made an analysis on bitcoin 1.23% ,
i figured i was wrong. I think we haven't done correcting the cycle of 2017 yet but we're in a very peculliar form of correction called triple three corrective pattern
which is a subdivision of three simplier correction like flat, zizag and triangle where each one of them is connected by a transition wave (X).
I have interpreted the B wave of the triangle as a first impulsive wave and after taking a step back i think now that it was not. So my bad :)
Let's see what happens in the next weeks to see if that it is correct. ( theoricaly we should finish with the the green arrow but nobody can be 100% sure)
Let me know what you think!
Bye.
The last time i've posted i was thinking we were correcting a first impulsive wave and after having made an analysis on bitcoin 1.23% ,
i figured i was wrong. I think we haven't done correcting the cycle of 2017 yet but we're in a very peculliar form of correction called triple three corrective pattern
which is a subdivision of three simplier correction like flat, zizag and triangle where each one of them is connected by a transition wave (X).
I have interpreted the B wave of the triangle as a first impulsive wave and after taking a step back i think now that it was not. So my bad :)
Let's see what happens in the next weeks to see if that it is correct. ( theoricaly we should finish with the the green arrow but nobody can be 100% sure)
Let me know what you think!
Bye.