@haejiin, Have you notice how the sub-micro (in your chart not the one bellow) wave (1) and wave (3) have the exact same length. It is common in an ABC correction for wave A and C to be equal but in an impulse Wave 3 cannot be the smallest... which is why I have labelled this as an ABC yesterday. Is this another scenario to be aware of? Or do you have arguments to take it off the table?
Also you mention how wave 5 could breach the upper channel boundary briefly, but given that primary wave 1 could retrace 50%, what would be indicative of a scenario of probable lower low vs. a normal primary wave 2 correction? Would the volume profile be different?
Thanks a million for all your posts and teachings.
Wish you the best!
RE: Bitcoin (BTC) Morning Update: Be on the Lookout for This Potential!!