BTC update 05.12.18
I have seen this count now several times in the last three days from different sources. I checked every subwave and it does indeed fit.
But there are two things I don't like about this count:
A very ugly green wave 1 and two consecutive ending diagonals (green 5 and white 5). I have never seen two consecutive ending diagonals before. That doesn't mean that it can't happen though. It is allowed, but must be super rare if I have never encountered it before.
This count calls for a near end of the entire correction, IF there is an overlap in purple wave 1 and 4. This is mandatory in an ending diagonal.
It is still possible that white wave 4 is not even done yet. Only time will tell...
This is the easiest possible count I can find (an extension in wave C of Z of 2), but I am not betting money on this one, until there is an impulse wave that follows...
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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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is this count similar to trade devils? he seems to have an algo target that goes as low as $2200, he's adding more at low 3s
My count is a little different than his, but the conclusion is the same.