F
fibo_trader
For historians only ............ Sunday, May 17th, 2020 ....... Fibo now doing what NOBODY on Earth can!
But htf will Fibo know whether the Insurance Policy scenario is the one that is playing out? See charts below ....... Its soooooo simple, its childsplay for Fibo. You see, for the BULL market continuation scenario, the wave down must be a 3-wave move. That's how it will be ascertained. The 3-wave move is an A-B-C. Fakeouts can occur in that the "B" could be a triangle but it does not change a thing for Fibo as that pattern would still be an effective A-B-C.
So therefore if this 3-wave affair occurs, Fibo will know that we have a continuation bull market and this is how he will catch the entry as close as possible to the low .................. The A-B-C down move will have the last component as a Wave C - this "C" wave will be subdivided into 5 smaller waves. As soon as I see the 4th wave formed, I know immediately that the terminal wave in underway - I will catch this sucker like a champ.
What is the slowest way to get on the bull train? The slow slow slow but still good way is a trendline thru' wave B of the pattern A-B-C. Then when Price take out the trendline, BOOM, you go LONG for the bull run.
Scenario shown in the lower chart ...................
But htf will Fibo know whether the Insurance Policy scenario is the one that is playing out? See charts below ....... Its soooooo simple, its childsplay for Fibo. You see, for the BULL market continuation scenario, the wave down must be a 3-wave move. That's how it will be ascertained. The 3-wave move is an A-B-C. Fakeouts can occur in that the "B" could be a triangle but it does not change a thing for Fibo as that pattern would still be an effective A-B-C.
So therefore if this 3-wave affair occurs, Fibo will know that we have a continuation bull market and this is how he will catch the entry as close as possible to the low .................. The A-B-C down move will have the last component as a Wave C - this "C" wave will be subdivided into 5 smaller waves. As soon as I see the 4th wave formed, I know immediately that the terminal wave in underway - I will catch this sucker like a champ.
What is the slowest way to get on the bull train? The slow slow slow but still good way is a trendline thru' wave B of the pattern A-B-C. Then when Price take out the trendline, BOOM, you go LONG for the bull run.
Scenario shown in the lower chart ...................