nighty2k7

nighty2k7

LTC: spring time or winter coming? Check for Wyckhoff accumulation schematics

nighty2k7 Updated 

April to May, accumulation and distribution, fib pitchforked During charting the whole move from april to now one centerline was always in my focus, and two parallels to that. I had been looking for the mathematical reason for that. Think I found it, make up your own mind. The chart also details the phases of accumulation and distribution, recently the...

nighty2k7 Updated 

Complete cycle of Wyckhoff accumulation and distribution coming to an end: Good entry for learning about Wyckhoff schematics: www.forexfactory.com Specifically about the rally back to the ICE: wyckoffstockmarketinstitute.com "In order for there to be a rally back to the ice, the price must first provide an indication of weakness by falling through the ice. This...

nighty2k7 Updated 

looking at a expanding abcde pattern here and waiting for confirmation

nighty2k7 Updated 

Dear followers, I was waiting for a abc correction up to come, but we are now in a big triangle. The triangle itsself IS correctional in nature, so now I am shortfrom 8585 (SL 8665), because I expect a wave 5 incoming

nighty2k7 Updated 

Bitcoin, next 14 days Targets for downwards movement and retracement + even deeper fall

nighty2k7 Updated 

We saw a buying climax for Bitcoin at 9980 USD, the failed attempt at 10k caused a sell off down to 8980, which was wave A of a ABC correction. Currently Bitcoin is working on wave B, which will take it to around 9500 USD (see green circles). The current move could also be seen as wave 1 of a impulse up, but for that the prices struggles too much. From there we...

nighty2k7 Updated 

Because it's the obvious target supported perfectly by TA. So that won't happen! Let me explain why it's the perfect target and why it will stop higher: 8650 looks picture perfect * support by the trendline coming up from 6502 at the start of the rally * 0.618 retracement of the whole move up * lower trendline of the move down could point to exactly that area *...

nighty2k7 Updated 

Elliot wave corrective triangle in bear market classical formation www.elliottwave.com