The E wave is still underway; note the choppy b wave retracing most of wave a similar to the b waves within waves A and C. I'm expecting one final impulse wave down to complete this triangle and the WXY correction of primary wave 2
I like your wave count for this part of the trend, although it has me scratching my head now. I believe there exists a valid alternate count with a bearish view. For details see and tradingview.com/chart/BTCUSD/DCBmeCDb-A-closer-look-at-the-primary-and-intermediate-degrees-of-trend/. I'd be interested in your thoughts...although I guess only a confirmed break out one way or the other will settle it. Cheers, A
I'd be interested in your thoughts...although I guess only a confirmed break out one way or the other will settle it. Cheers, A