noble1ones

Update: Bitcoin Intra-Day Complex Correction

Long
BITSTAMP:BTCUSD   Bitcoin
Continuing from the connected corrective Triangle X wave from the Running Flat, structure appears to be unfolding with 3 subdivided waves, as can be clearly seen on the chart labeled A & B in purple. The following waves that subdivided in 3's as well appears a little messy on the right due to what appears to be a potential triangle developing in wave C within a bigger triangle that would potentially be the last pattern in development within the complex combination being a double correction, rather than my prior speculative assumption of a potential double flat. I'll update once the pattern develops further as it will provide more clarity. For the time being the potential speculative Double Flat has changed to a potential Running Flat combined by an X wave to a potential Triangle.
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