Sometimes I will look at the long term chart and as pessimistic as I can be come up with a count like this. Far fetched...yes. Impossible.....no. Some lovely Fibonacci measurements on this long term chart. I appreciate that TradingView finally added the log measurements a little while back to make this type of "analysis" possible.
Comment:
Just a further addition to this chart. If waves 1 and 3 were equal then perhaps we can expect an extended wave 5. The 1.618 fib extension of waves 1-3 finish dead on my other target points. Interesting?
