BitcoinLong
Very weird subwave... how to treat it?
So this recent sideways wave is really weird. I've counted it as minisubwave 2 of subwave C, but it looks weird.
Here's what it could be:
1. It hasn't broken the rules of a minisubwave 2, so it could be a very long and sideways minisubwave 2 of subwave C
2. ABC could have finished very shallow, and we could be going sideways before continuing the wave up
3. We are on subwave B, and Subwave C hasn't started yet
4. something else?
Suggestions?
Here's what it could be:
1. It hasn't broken the rules of a minisubwave 2, so it could be a very long and sideways minisubwave 2 of subwave C
2. ABC could have finished very shallow, and we could be going sideways before continuing the wave up
3. We are on subwave B, and Subwave C hasn't started yet
4. something else?
Suggestions?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.