5 waves up from July low are complete

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
230 11 2
You should know what THAT means.... The correction which ( imo             ) is imminent will be correcting the entire advance from 65 in early July. So, it should be a "good trading opportunity"... happy trading...
In my count above, I clearly failed to see a huge extension of wave 3 was developing.... Now that things have quieted down, I have decided to publish my current count. I believe that we are now in the early stages of a wave 4. I believe wave 3 is finally over at 378 - and what an amazing wave 3 it was!!!
You can see my current count at:

IMO you should watch 11/17/2013 ...
JimFred JimFred
It wouldn't surprise me if wave 5 extends too - so, this bull run is not likely anywhere near over yet...
minbari JimFred
wave 4 confirmed? :)
I say this as a fan of your work - I'm just not seeing this happening (any time soon). There is still immense buying pressure below. It will take a lot to scare the true believers away this time. Patience I guess :)
JimFred minbari
Minbari, you are clearly correct - my count was wrong - there was/is? a major extension going on that i did not foresee. My "guess" now is that the top is still a week or so away, and at least $100 higher. Fun ride though, huh? we'll be telling this story to our grandkids :-)
if i should call the top -> 295$! :P
I HOPE this is the 5th wave.... so i am just waiting
how much do you think the correction might be? 50%? o
So, as I said, $50 by February!
ShortThePlanet ShortThePlanet
Happy Olympics all!
ShortThePlanet ShortThePlanet
because of this
Agreed about correction, but I counted the waves another way. But... whatever ;)
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