Triangles are typically made of many 3 wave patterns. As you can see this ascending triangle is full of them. Ignore the ABC tool I used to draw the waves. You can say 123, ABC, whatever. The point is you know it's a valid triangle if it consists of multiple 3 wave moves.
At any rate, if this is correct a break North would have a target of 60K minimum. Next week should be very exciting!
Good luck!
BBS Out.
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Nice breakout! :0)
Trade closed: target reached
I'm closing this chart because the target was reached. :0)
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Note: Even though I close this chart I have not closed my long position. Still long since 2013 and will remain so until well over 100K. Then I might cash out a couple hundred Satoshi and go get a coffee or something. :0)
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