b wave retracement was very shallow (~38.2%); indicates market strength. 5 vs 3 is nearly equal to c = a * 1.618. once you have more than one way of arriving at the same target it carries more weight. see you at 408
Comments
the_batman
⋅
still giving out this false info? tsk tsk.
rivet.popper
⋅
He is not trading. The trend is up and that's all we investors who backed up the truck during the capitulation in January need to know.
the_batman
⋅
Are you an alt account of the op?
I think what you're saying is, /you/ are not trading. These charts aren't meant for 'investors'. They're meant for traders. They're meant for occult elliott wave practitioners.
The "trend" is not up, btw. This is a corrective wave of a downward "trend". Until and unless this corrective wave turns into a new upward wave -- err "trend" -- the direction is either down or unknown.
rivet.popper
⋅
An alt account because I know he's not trading? I've had exchanges with him in the past and I know he's not.
This is not a downward trend. Maybe read about bitcoin a bit... Your charts are no more impressive than anyone else's and from what I can see, you're usually wrong. So take that chip off your shoulder. Or that stupid wig off. Because no one is taking you seriously.
You should work on your reading comp, or maybe stop smoking dope in your bright pink wig: I just said above I am not trading. Neither is this poster. You yourself responded to this very point I made. See a doctor about that.
the_batman
⋅
so.. the poster posts traders' charts, every day, using trader's methodology ... for the purpose of not trading. is that correct?
rivet.popper
⋅
Once again, these are not traders' charts and he continually says the timing is off, therefore trading with it is extremely difficult. Read back a bit and you will understand.
the_batman
⋅
><
THESE ARE ELLIOTT WAVE CHARTS. price and time are inextricably linked in every aspect of the wave. (YOU CANNOT PREDICT OR UNDERSTAND PRICE WITHOUT THE SAME FOR TIME.)
noob(s)
Hope you felt that was constructive! Let me know if there's anything else I can help you with -- book suggestions, etc.