You can use fibbonacci Retracement to measure the reversing target level. Use 0% of the bottom of previous Wave & 100% at the top. Usually it would retrace at 61.8% in Dow theory, but anything that involves people will have overreaction & underreaction! It pretty accurate.
ill-boy000
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@ZLAPPED, Yeh it's nice. But I've found price will test the hidden levels (blue horizontal) I usually go for a 61.8 or 50% entry with tp -27% ir nearest hidden level. gives risk 1 reward 3 to 4
ZLAPPED
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@ill-boy000, beautiful man, incase it's overreacting. Well done! :D