This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Note that the fibonacci merges at primary (red), intermediate (yellow) and cycle (white) degree that merge around the 1748 area go right through the middle of the wave 5 channel at intermediate (yellow) degree, as do the upper sloping trendlines of the cycle (blue) and primary (red) degree channels. With 1749 being the upper limit for this wave 5 there is a lot supporting this wave count to give it a good probability IMO.
Note that the fibonacci merges at primary (red), intermediate (yellow) and cycle (white) degree that merge around the 1748 area go right through the middle of the wave 5 channel at intermediate (yellow) degree, as do the upper sloping trendlines of the cycle (blue) and primary (red) degree channels.
ReplyDeleteWith 1749 being the upper limit for this wave 5 there is a lot supporting this wave count to give it a good probability IMO.