Another interesting observation here..
Trend Based Fib-Time..
The significance of the 0.618 and the 2 levels cannot be discounted.
This a big-picture, Quarter-by-Quarter outlook so not accurate to the month, day or week, but to the 3-month quarter in which it falls in.
The 0.618 has 3 times (if we assume that the bottom was put in last quarter) marked the bottom of the last 3 cycles.
The 2 level has called the last 2 tops (if you consider the first high was put in Q2 of 2021, but the real high was in Q4..
I added 2.25 just to see how that lines up with the 2nd high.
The next top could be around in the 4th Quarter of 2025 and the next bottom in 4th Quarter of 2026.
Let see if this plays out, check back in a few years ;-)
Trend Based Fib-Time..
The significance of the 0.618 and the 2 levels cannot be discounted.
This a big-picture, Quarter-by-Quarter outlook so not accurate to the month, day or week, but to the 3-month quarter in which it falls in.
The 0.618 has 3 times (if we assume that the bottom was put in last quarter) marked the bottom of the last 3 cycles.
The 2 level has called the last 2 tops (if you consider the first high was put in Q2 of 2021, but the real high was in Q4..
I added 2.25 just to see how that lines up with the 2nd high.
The next top could be around in the 4th Quarter of 2025 and the next bottom in 4th Quarter of 2026.
Let see if this plays out, check back in a few years ;-)
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
