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RE: Bitcoin (BTC) Evening Update: When in doubt, it's a TRIANGLE!!
Hi Haejin, just wondering, you mentioned the white subwave 4 could potentially go lower. If it crosses white subwave 1 then that would invalidate the count wouldn't it? Thanks.
I had the same observation. My count has the white 5 being at the location of the white 3 in the video, then the following correction is an A, B, C and the C ends below the white 1. I guess it doesn't matter much since the overall trajectory is bullish.
Same here. I am going to take a shot at this.
https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin
https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves
https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections