So, in my previous My Idea i suggested we might go down, anywhere from a 1.272, to a 1.28, to a 1.6 fib extension down, but what happens after that? I think we blast up from there to new all tim highs on the ( I think I picked a lavender target area line).
Note the two arrows, the red one down to target areas, then the green one UP to nw ATH.
Note the two arrows, the red one down to target areas, then the green one UP to nw ATH.
Comment:
Yes, it is a lavender line. The two lavender lines are the result 100% of my intuition, based on everything I know about markets.
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