Post
Topic
Board Speculation
Re: Analysis never ends
by
Afrikoin
on 15/07/2015, 18:12:55 UTC
in luc's option wave 2 is too short, bear market can not be wave 2, maybe wave 4, but imo ryn's option where 166 was wave A bottom and now we are having wave B is the most likely option, so 50-62% retrace from 1100 is the most likely target, or even just 38%, though it could make even smallish HH

http://www.tradingfives.com/articles/elliott-wave-guide.htm

here is a chart from RyNinDaCleM


 I hope such a disaster wont happen.
B is usually 50-100% of A so that can realize faster. This chart has been here before. I would not post it otherwise.

+ 1.
 Last year, we went up to $ 475 in october and back down to $ 166 in January. Perhaps it is possible we could do a B, head back down and still make it up to current levels by July (halving next year)?

I think we should try rule out as much as possible, and whatever we have left might be closer to the truth.