BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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4
116 4
https://www.youtube.com/watch?v=2xE2M3RJJXA

After being inspired by DanV and 4xForecaster's counts that look at the possibility of a bounce to 240-260 before continuation of bear trend I drew this.

If it plays out, I can take credit :D




Just publishing for fun - don't take seriously.
Hi, would you be able to post a link to 4xforecasters idea, I dont see it.
Thanks a lot
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Thank you sir :-)
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The H&S discussion, where the formation looks right but is not in a valid position, looks very much like a truncated 5th wave...which could exactly fit the current conditions:
http://image.slidesharecdn.com/elliottwavesprinciples-100422065735-phpapp01/95/elliott-waves-principles-11-728.jpg?cb=1271937469
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