Upgrade: zooming out OKCoin:BTCCNY
Updated
Next correction should hit 38.2% at least, above the purple channel even the blue one and re-bounce up.
Note
3500cny is the top of this wave, sorry, my fib had an small issue!Note
Modern Elliott Wave analysis allows the five wave triangle patterns (3-3-3-3-3) as a wave 1 as long as lesser degree waves are. This means that 4th wave can overpass wave 1 without invalidating the pattern as an impulse wave.
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