BTCUSD Reverse Symmetrical Triangle Idea
The reverse symmetrical triangle has rules that govern its shape. They are listed here.
1. The waves bottom and top out following two diverging trendlines.
2. Five waves compose the reverse symmetrical triangle (A-B-C-D-E).
3. Each of the A-B-C-D-E waves are composed of three subwaves, so it has a 3-3-3-3-3 configuration.
-- Thomas Bulkowski
1. The waves bottom and top out following two diverging trendlines.
2. Five waves compose the reverse symmetrical triangle (A-B-C-D-E).
3. Each of the A-B-C-D-E waves are composed of three subwaves, so it has a 3-3-3-3-3 configuration.
-- Thomas Bulkowski
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