He said NOT 
Oh yes, just saw this now and deleted the comment.
Thanks mate.
Topic: Critical Levels - EW analysis - page 14. (Read 355126 times)
Oh yes, just saw this now and deleted the comment.
Thanks mate.
He said NOT
It looks like the triangle is a good bet for China though the West may make more of a zig-zag.
Was about 4700 what you had in mind for "4k +"? That seems like the next target and the minimum reasonable top for this whole rally (about $715).
Was about 4700 what you had in mind for "4k +"? That seems like the next target and the minimum reasonable top for this whole rally (about $715).
The west was playing catch u the whole time... wave B over extended.... we still call it a triangle, but a running triangle. it will look funny, so I just watch chinese charts.
I would be expecting a fifth wave, it could go apeshit, it could fail. 4700 is not a significant number to me.
It looks like the triangle is a good bet for China though the West may make more of a zig-zag.
Was about 4700 what you had in mind for "4k +"? That seems like the next target and the minimum reasonable top for this whole rally (about $715).
Was about 4700 what you had in mind for "4k +"? That seems like the next target and the minimum reasonable top for this whole rally (about $715).
BTC following Wickoff stock analysis very closely!
its an EW thread please.
I think that is a very crude version of a wave theory. More of an observation that the market moves in waves. No labeling so no consistent expectations and no actual targeting function.
Following that theory, P&F was used by Wickoff (he used to do so highlighting the "cause" and then aiming for the "effect".). In this case, price pattern according to Wickoff should see around 50% retracement (I haven't add a look to the P&F chart, will do so tomorow, so now I am just speaking about Wickoff price patterns expected by the theory without looking at the actual chart for more precision. Anyway, still holding until I am confident on my trading skill).
Anyway, let's not get off topic since this topic is amazing ! taking off ma hat to chessnut!
Perfect my brother, so after that we will have a small rocket launch to 4000+ CNY.
What do you see after that in medium term brother ?
Thank you as always my friend.
if it is a triangle, yes.
BTC following Wickoff stock analysis very closely!
its an EW thread please.
I think that is a very crude version of a wave theory. More of an observation that the market moves in waves. No labeling so no consistent expectations and no actual targeting function.
I guess it could be so, but in that case he has said enough
Waiting to hear from you buddy
BTC following Wickoff stock analysis very closely!
its an EW thread please.
I think that is a very crude version of a wave theory. More of an observation that the market moves in waves. No labeling so no consistent expectations and no actual targeting function.
I guess it could be so, but in that case he has said enough
BTC following Wickoff stock analysis very closely!
its an EW thread please.
I think that is a very crude version of a wave theory. More of an observation that the market moves in waves. No labeling so no consistent expectations and no actual targeting function.
It seems like we have completed the wave B of a triangle. look for a deep retrace.
The 62% brother, right ?
Yes, at this time it is down 38% on a clear abc... meaning that a deep retrace must be some sort of combination.... could be a bit disorderly. if we pass 3880 now then Im a but confused. Longs growing on Okcoin are a good indication that we will decline though.
62% and deer would mean a target of around 3630.
Perfect my brother, so after that we will have a small rocket launch to 4000+ CNY.
What do you see after that in medium term brother ?
Thank you as always my friend.
BTC following Wickoff stock analysis very closely!
its an EW thread please.
It seems like we have completed the wave B of a triangle. look for a deep retrace.
The 62% brother, right ?
Yes, at this time it is down 38% on a clear abc... meaning that a deep retrace must be some sort of combination.... could be a bit disorderly. if we pass 3880 now then Im a but confused. Longs growing on Okcoin are a good indication that we will decline though.
62% and deer would mean a target of around 3630.
good call Chessnuut
thanks.
BTC following Wickoff stock analysis very closely!
good call Chessnuut
What would be the target on bitstamp? Around $545?
It seems like we have completed the wave B of a triangle. look for a deep retrace.
The 62% brother, right ?
It seems like we have completed the wave B of a triangle. look for a deep retrace.
Thank you my friend, chessnut, quality TA as usual
After the 62% retrace, we will head towards 4000+ CNY, am I right ?
yup, should be.
The west is leading, how confident are you in that triangle?
Maybe china just needs to wake up
Maybe china just needs to wake up
doesnt have to be triangle, but it makes a lot of sense.
The west is leading, how confident are you in that triangle?
Maybe china just needs to wake up
Maybe china just needs to wake up
We have returned to the triangle of IV wave territory which I have been waiting for. This abc is probably the first wave of a triangle wave (IV)
minimum tgt 3800 for triangle, wave (V) tgt is 4k + regardless.
minimum tgt 3800 for triangle, wave (V) tgt is 4k + regardless.
Tracking the triangle.... I would expect around 3900, 3800 minimum, and then 62% retrace.
Thank you my friend, chessnut, quality TA as usual
After the 62% retrace, we will head towards 4000+ CNY, am I right ?
We have returned to the triangle of IV wave territory which I have been waiting for. This abc is probably the first wave of a triangle wave (IV)
minimum tgt 3800 for triangle, wave (V) tgt is 4k + regardless.
minimum tgt 3800 for triangle, wave (V) tgt is 4k + regardless.
Tracking the triangle.... I would expect around 3900, 3800 minimum, and then 62% retrace.
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