OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
Diagonal pattern usually indicates a 100% retracement. This diagonal has an extended wave 1 and is a pristine pattern. (No time/space to show work but will field questions.) The zigzag correction pattern targets are indicated on the chart's right. Its targets are solid regardless of how the innards of the correction play out.

The zigzag will occur over 30-50 days, starting on 4/27-- it'll end roughly between 6/1/15 - 6/15/15.

Note the inner diagonal that's occurring as this chart is being posted. Target 1430 CNY             then reverse.


This chart is dedicated to @user100000, @scamcoins and all the other people who use the X wave to fill things in when they don't understand what's up. Knowing when you don't know is the path to success in any endeavor and part of being a complete person. You can't just slap on an X wave and call your marriage happy.
Nice wave 4 bro
no x wave?
Intuit the_batman
no wave 4?
(thats not how they work in diagonals)
Intuit the_batman
you can't just slap on a diagonal and call your marriage happy
(diagonals also have a 3-3 structure where extended first wave is most common except in the case of a flat)
Intuit the_batman
Yea nice try
youre right
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