BITSTAMP:BTCUSD   Bitcoin / Dollar
200 5 0
the time frame target is a complete guess based on 1.618 being a common time ratio with wave (i)

wave iii's tend to over shoot the channel often, so as silly as it seems now with this dreadful volume , it could happen.
60% of the time, it works every time.

I too have been considering extended 3rd (tho a bit iffy about count of wave 1). Prepared for egg on face if we plow through bottom of channel into Mordor
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snapshot
< dan's count kinda settles my doubts about wave 1, guess that's that ;)
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Nathanael minbari
I was skeptical myself at first, its hard to do counts on small time frames, but here is a count for wave 1 on the 5min. It looks much more like an impulse wave then a zig zag...
snapshot
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Nathanael Nathanael
I would challenge someone to draw abc's to counter argue me...
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willy has stopped buying, looks like the ultimate test is at hand :)
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