I hope I am very wrong! But I think we are about to see the formation of the Wave 1 in the Monthly Time Frame, so the ABC correction correspond to Wave 2...
I might star cashing out! I do not want though. it feels so good make all this money! thanks to the lord we can short the market...
Please do not judge me, just be happy that I was wrong! I will too...
@mnpln, unlikely, as the wave 4 in that case would be crossing into wave 1 almost, which is impossible. also, wave 3 or wave 5 usually are the longest. but if hius wave 3 is wave 1 then wave 3 (his wave 5) is shorter than 1. which breaks the rules.
realSatoshiNakamoto
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Yes we are going back to the stone age...duh...fundamentas have changed too much...noway 1k usd
gciriaco
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@jostitrade, As I said, hopefully I am wrong... This is what makes the market scary the over confidence... Lets just keep the stop's tight from now on...
Sweeeet this is the best chart showing a deep correction that I've seen.
gciriaco
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@bmgbmg, I did not show the details, but because you are smart there you go.
Wave A swing from 0.0 fibo to .50 fibo (maybe .38-less likely)
Wave B swing from .50 fibo to .23 fibo
Wave C swing from .23 to .78 fibo (maybe .68-less likely)