user100000
Long

15m ew count update

BITSTAMP:BTCUSD   Bitcoin / Dollar
that was a very shallow b wave
look at this news:
http://cryptobitcoinnews.com/Bitcoin-to-10k-in-jaunary/
-1 Reply
@admin chek this shit and block shiters
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i don't think there is an expanding diagonal c wave (unsure)... the low could be wave a. (not c).... and the b wave is wave 4
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I have to admit I made a rookie mistake on this one. Very clever, indeed, Mr. Market.
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user100000 MoonTrader
mistakes are great. we can learn from them and improve. i always make mistakes
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johnrfraser MoonTrader
me too :-/
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Shallow meaning you expected it to go lower? So a bullish sign?
Great work User! :-)
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user100000 johnrfraser
wave 2 are so unpredictable and often deep retrace of 1. one has to be very patient

shallow means not enough. i expected b to retrace 50%-61.8% of a... but barely retraced anything. this was a very good bull trap. very clever mr. market
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user100000 user100000
thanks
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johnrfraser user100000
Thanks a lot for the explanation.
Could it be forming an impulse now, something like my sketch wave here:
snapshot
+1 Reply
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