F
fibo_trader
Fibo takes on the Math problem: what is the likely length of the first downwave of the BEAR? The first down wave is the wave that when complete will result in a massive rally that retraces upto 61.8% -78.6% of the drop. This rally wav will last for days or weeks.
So with this in mind, I repeat the Math problem: what is the likely length of Wave 1 on the weekly? On daily we need too much chart space to view it. so weekly it is
Ball rolling with this 1st stage offer ........... more to come as I give it more thought-ing .....................
See chart. If Wave 1 down is already in the bag due to the 100% sloppy hit shown, then we will have a big wave 2 rally as indicated above.
If not, we are going down to 161.8% (not shown) which is at 19,197.21
So with this in mind, I repeat the Math problem: what is the likely length of Wave 1 on the weekly? On daily we need too much chart space to view it. so weekly it is
Ball rolling with this 1st stage offer ........... more to come as I give it more thought-ing .....................
See chart. If Wave 1 down is already in the bag due to the 100% sloppy hit shown, then we will have a big wave 2 rally as indicated above.
If not, we are going down to 161.8% (not shown) which is at 19,197.21