Frozenlock
Short

2nd attempt at EW

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
351 2 1
Looks like the last move up was an impulse (With a 1 -5 move)

We now have the A and B completed.
This is how I think the C will play out.

But as we've seen last time, I've been dead wrong. You might want to go long now.

:-)
I think the current abc pattern is more of a wave 4 where your 3 wave is more of a 3 of 3 in an extended larger wave 3. I see correction to 85ish in c then another leg up.

Reply
Not sure if I agree, but it looks good.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out