freeman2587

Wave A in detail

COINBASE:BTCUSD   Bitcoin
This picture shows wave A of the overall flat. It is divided into 3 waves (A,B,C), which go together as a zigzag.
Zigzags are corrective movements showing a 5-3-5 structure:
Wave A : impulsive (1,2,3,4,5) / Leading Diagonal Triangle
Wave B : corrective (A,B,C) / exception : triangle (A,B,C,D,E)
Wave C : impulsive (1,2,3,4,5) / Ending Diagonal Triangle

Wave A is a leading diagonal triangle (waves 1 and 4 are crossing, which is only allowed in LDTs).
Wave B shows a triangle (A,B,C,D,E). In this case wave E is building a triangle ((A),(B),(C),(D),(E)) in the triangle. This is kind of a textbook pattern.
Wave C shows an impulsive movement (1,2,3,4,5) and hereby completes the zigzag.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.