Here is something I had forgotten about because I have been doing it so long I just do it automatically. The RED target will not be successful. Why.?? Look at the GAP. It is full of candle wicks. Look at the other gaps where I have drawn lines. They are clear with no candle clutter. A sure sign to watch for. {image}
{quote} market is running out of time for more "downside"........... destiny needs to be fulfilled!
Your optimism amazes me. For your sake as a large bitcoin holder, I hope your right. Won't worry me 'cos I will just switch & trade Long. And but bitcoins & a few other altcoins.
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. 3 breakdowns in a row isn't enough for you? 
{quote} G'day L_L. Just caught me before I hit the sack. We are like passing shadows in the night. (nights) I think 456 has been & gone & 410 is next with a speed bump at 428. ZZZZZZZZZZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzsnort zzzzzzzzzz
we shall see..... market will let us know very soon! 
good morning lady_luck, 50% retracement is OK for wave 2. it is also a "classic"....... i just want to ask a question about your blue wave A... don't you agree it subdivide into 3 waves (abc)? if so then blue wave B is also 3 waver and also your wave C is 3 waves: WXY.......... that's how i did it! it's great to look at different counts and compare and study each others work....
{quote} Actually I can see wave A as being 5 waves. And the other thing is the psychology, as you said in wave 1, the market try to hide it. If this is effectively the beginning of the new trend, wave 2 has to be strong, to give this "here we go again" feeling that ewprediction mentioned. So even if 0.5 is ok as far as fib go, a 0.618 and even better 0.786 (down to 386) would definitely give that feeling and the oil for the rocket to reach a wave 3 top in the 700 zone
and also the "psychology" of here we go again is working..... just ask KO!
{quote} OK, huobi already retraced 61.8%
