Every cycle finds a local top from the 1.618 log previous cycle based fib and capitulates afterwards. That marks the top of the range.
Every cycle finds a local bottom at the 0.5 log cycle based fib. That marks the bottom of the range.
2013 & 2017 Show reversals at the same milestones: These milestones being the 1.618, 0.5 log cycle based fib, July reversal, Sept. reversal, and an October 1.618 log fib crossing.
2021 doesn't appear to be any different...
✔️ We've struck the 1.618 log previous cycle based fib and capitulated
✔️ We've reversed at the local bottom (0.5 is hindsight but there's a number of other ways to determine this see related ideas)
✔️ We've reversed in July
✔️ We've capitulated and are showing signs of a reversal in September
So... is the bottom of September in?
Do we cross the 1.618 sometime in October?
Is this time any different?
I say this time is no different.
See related ideas.
Every cycle finds a local bottom at the 0.5 log cycle based fib. That marks the bottom of the range.
2013 & 2017 Show reversals at the same milestones: These milestones being the 1.618, 0.5 log cycle based fib, July reversal, Sept. reversal, and an October 1.618 log fib crossing.
2021 doesn't appear to be any different...
✔️ We've struck the 1.618 log previous cycle based fib and capitulated
✔️ We've reversed at the local bottom (0.5 is hindsight but there's a number of other ways to determine this see related ideas)
✔️ We've reversed in July
✔️ We've capitulated and are showing signs of a reversal in September
So... is the bottom of September in?
Do we cross the 1.618 sometime in October?
Is this time any different?
I say this time is no different.
See related ideas.
Trade active:
Look at it... lol
Trade closed: target reached:
Bullseye. Literally
