Wave IV as Double Three Correction
Bitcoin / TetherUS BINANCE:BTCUSDT
Wave IV as Double Three Correction.
– Wave W: Zig-zag
– Wave X: Any Three
– Wave Z: Double Three of smaller degree
Also, the symmetrical triangle is shown in the chart above.
When a symmetrical triangle forms in a downtrend, then breaks and closes above the declining support line, it suggests a reversal of the downtrend.
The new impulse wave begins soon…
