Looks like the pattern you projected got it to the dot.
Usually after this pattern, the PPS should go higher and if so, is there a measure move for the price target ?
I like your active commentary on this forum and appreciate great contributions..
Thanks.
OldGoat
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Check out the Daily, there is a 618 retrace of the Apr-Dec leg, a 786 retrace of the Sep-Dec leg, a projected ab=cd (a=1/28 @ 25.62), and a lower Bollinger Band (20,close,2) that all converge in this area (23.78-24.09).
Thanks for finding the shark.
4xForecaster
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Very nice. Shark is definitely in play (target here is 23.45 at extreme harmonic impulse of AB, down to 22.33 if 1.131 reciprocal overcomes AB. Do you trade the 5-0 pattern at all? Just wondering. Thank you.
- David.
KLang
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1.13 is outside the BC range, though, No, I don't do 5-0 yet, nor Cypher or three drives. Only been doing the basics :)
Usually after this pattern, the PPS should go higher and if so, is there a measure move for the price target ?
I like your active commentary on this forum and appreciate great contributions..
Thanks.