Update: We are dealing with a complex correction

Update: We are dealing with a complex correction

Bitcoin / U.S. dollar BITSTAMP:BTCUSD


We are dealing with a complex correction, a combination of some sort, either a double or triple. Currently the correction is a running flat combined by a triangle X wave. The remaining questions are: what will the X wave be combining to, and whether this complex correction will be a double or triple. For now I labeled it as a double and simply dropped the Y wave indicator at no particular point as we await the next corrective pattern to develop.

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