RE: Potential High Impact Trade: Buy $5,387 to $5,314; STOP $5,275; Target $6,200; Profit Potential: 16%

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Potential High Impact Trade: Buy $5,387 to $5,314; STOP $5,275; Target $6,200; Profit Potential: 16%

in bitcoin •  7 years ago 

Recently got introduced to your blog and have been learning a lot, so thank you for all your hard work in spreading knowledge. I'm a novice so this may be an obvious question but now that the price broke through the ABCDE triangle upward by a significant margin, does that invalidate the count you have here and need further review or does it fall within the expected range of where E was supposed to conclude? Thanks!

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Upvoted this question. I've also seen a sort of horizontal "S". Suddenly up, then violently down... finally up again more or less where it began. But this may have just been a strange ocurrence, not a pattern.