BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Leading diagonal for wave 1 of 3 seems to be complete with a truncated 5th wave. LDs are often deeply retraced as you can see. I'm not sure if the correction is "over". It will be obvious once wave 3 or 3 starts.
It's already broken down out of the triangle, so I don't think this is going up just yet.
where is your invalidation point? at what price would you say that your count is wrong?
+1 Reply
Moving below 360 would invalidate his Wave 1 and moving above 387 would invalidate my bearish triangle breakout analysis.

+1 Reply
Unapologetic_Capitalist Unapologetic_Capitalist
And a move above 377 would invalidate my own Wave 1 down
+1 Reply
Hi User100000 thanks a lot for the 'you are here'! Really great, thank you :-)
user100000 johnrfraser
i really like your idea. i often get "lost" looking at the market too closely (eg 15min) and make mistakes as a result of forgetting where i am. thanks for this very useful idea
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out