Bitcoin (WXY) or Combination pattern on bigger corective wave

A Combination combines several types of corrections. These corrections are labeled as WXY and WXYXZ if it is even more complex. It starts for example with a Zigzag (wave W), then an intermediate X wave, then a Flat (wave Y) and so on. A so-called double or triple three is also a Combination, but this pattern combines Flats separated by X waves.

In this case
Zigzag, followed by a Flat, followed by a Triangle has the following internal structure:

5-3-5(Zigzag)-5-3-5(X)-3-3-5(Flat)-3-3-3-3-3(Triangle).

Transaction en cours

Commentaire:

Commentaire: