Do the Doggy Bounce

Bitcoin / DollarBitfinex

Description

⋅ Apr 18, 2015 2:03 PM

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.

Comments

rubenthin

⋅ Apr 18, 2015 4:18 PM

Hi, would you be able to post a link to 4xforecasters idea, I dont see it.
Thanks a lot

G_Man

⋅ Apr 18, 2015 4:23 PM

Hi, sorry I should have included:

scroll to the bottom for this:

and this thread, scroll to the bottom for his updates:

rubenthin

⋅ Apr 18, 2015 4:25 PM

Thank you sir :-)

rubenthin

⋅ Apr 18, 2015 7:21 PM

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:
image.slidesharecdn.com/elliottwavesprinciples-100422065735-phpapp01/95/elliott-waves-principles-11-728.jpg?cb=1271937469