What is an intermediate term timeframe in days? Also why 180, I’ve seen Fibonacci predicts from people for 154 and 160
bclund
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@MizzouChemRxn, I consider 3-6 months intermediate. The 180 is derived by measuring the height of the base from the lowest point to the breakout level, then adding that number onto the breakout number to get the extension. Obviously, it's not an exact science but generally accepted. Fibs can work too. All we're doing here is trying to set "objective" levels where we can take scale or close out.