TradingView
Frozenlock
Jul 13, 2013 5:59 PM

2nd attempt at EW Short

Bitcoin / U.S. DollarMt.Gox

Description

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.

:-)
Comments
David_CMT_CFA
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.

TheDeepEnd
Not sure if I agree, but it looks good.
More