This is my first time merging the two theories together. Many show BTC taking off in a typical Wyckoff rise from here, but BTC seems to be forming a rising wedge, which logically would be a subwave 1. So a drop for subwave 2 seems logical.
I used a WXYXZ due to the abc subwaves for each leg. I notice many put this as 12345 to the "spring". Semantics.
I used a WXYXZ due to the abc subwaves for each leg. I notice many put this as 12345 to the "spring". Semantics.