ElliottWaveStats

BTCUSD-Chart Update

ElliottWaveStats Updated   
BITSTAMP:BTCUSD   Bitcoin
Purple Arrow:
To Sell
Target: 5,169
Technical (*) Math Probability: 90 %
Stop Loss 8,364
R/R Ratio: calculate yourself (I´m out from Ccurrencies up now.)
………………………………………………………………..
Red Box:
To buy
Target: 10,001
Technical (*) Math Probability: N/R
Stop Loss 8,364

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Technical (*) Math Probability
It considers only technical Analysis concerns. Tested for a significative
sample of an infinite population.
Being the highest of 90% (until now), and the lowest of 10%,
The 10 % remains belongs to fundamentals (*1).

(*1)Fundamentals:
Instead the common assumption, there is consistent statistical evidence that the Waves of social mood (EWT) determine fundamentals and those cases that news drive quotes it happens for a short time, and rapidly the Wave Patterns retakes and fulfills itself.

However, is a fact, that in intraday trading, fundamentals can and do activate Stop Losses’ damaging short strategies.

That´s why they have the remains 10 % of chance to complete 100%.
Trade active:
Now going to the Red box, Target: 10,001.

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