Retrace wave 2 was very shallow and in contrast (like textbook) number 4 was sharp.
How far number 5 (third impulse) will go... we'll see..
How far number 5 (third impulse) will go... we'll see..
Comment:
Candle-wise we're still (just) good, wick-wise (or under 1hr timeframe) it would be invalidated.
But since it seems to try to get up again, i give it the advantage of reasonable doubt for now
But since it seems to try to get up again, i give it the advantage of reasonable doubt for now
Comment:
or the benefit of the doubt..(wink)
Comment:
Hang in there kitty ..
Not quite there yet ...
One more push ...
Not quite there yet ...
One more push ...
Comment:
well .. it failed to get past 4160 @ 16-21 march
Elliot-waves are a nice captain hindsight indicator, hard to predict - easy to spot after ..
since the timeframe is getting to large imo (wave4 too big for my taste) for a retry to breach the feb.24 high (which was really ugly -thin) i'll take it we have started C corrective wave already.
should get us around 36-3700 area (bitfinex)
it could of course still jump up but it looks to me as if we are about to draw a lot of lower-lows
Elliot-waves are a nice captain hindsight indicator, hard to predict - easy to spot after ..
since the timeframe is getting to large imo (wave4 too big for my taste) for a retry to breach the feb.24 high (which was really ugly -thin) i'll take it we have started C corrective wave already.
should get us around 36-3700 area (bitfinex)
it could of course still jump up but it looks to me as if we are about to draw a lot of lower-lows
Comment:
Seems to be trying to get wave 5 after all
Double top or is it going to go for the 4500-4800 ?
Double top or is it going to go for the 4500-4800 ?
Trade closed: target reached:
want to see a double or higher top - $ 4283 or more