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RE: Bitcoin (BTC) Evening Update: Adherence to Freehand Projection

in #bitcoin6 years ago (edited)

In Elliott Wave, correction comes in 3 waves a-b-c in the configuration of 3-3-5 subwaves, never in real markets is there a 5 waves triangle correction.
Counting a correction in any time-frame as a 5 waves triangle is an elementary mistake that most EW beginners make.