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ThieuMa

ABC correction wave before next impulse wave

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ThieuMa Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
Very bullish scenario, with a truncated C wave.

The ABC correction could also reach 9k5 before the begining of the next impulse wave.

This is not a trading recommandation, idea for educational purpose only.

Comment:
With a C wave at 9k5, we've got a perfect inverse head and shoulder pattern:
snapshot
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