Kappy

First BSV Video Trial - Update to My Last Chart on BSVUSD

Long
***Missed mentioning in the video - $276 is the key level to watch. Entering this area of resistance will validated a truncated fifth wave. OTHERWISE, expect another low to complete wave (v).***

The wave (4) count became more complex. The triangle formation appears to be a ((b)) wave triangle of a larger abc pattern acting as the X wave of the larger fourth wave correction. Three waves following the X wave peak are complete suggesting the WXY pattern correction is complete.

A rise above $382 would rule out a triple combination scenario (WXYXZ).
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.