BITSTAMP 1D

im not sure what happened!... i guess it was a mini crash. red 4 retracing 50% of red 3. this is typical and within the usual 38.6-50% retracement for wave fours in general. red 5 target must be reduced to ~23K because of this deeper retracement. so unless red 5 extends 29K is possible but the ideal target is about 22876.

i really wasn't expecting this deep retracement which was similar to red 2.