remember this chart? under another post of mine. It's about the calculation of the retracement from $1274. At the time 0.618 is only a given fibo retracement target. And according to 0.618 retracement level, it'll take 57bars, the price target is $1256.
However, the retracement seems done at 0.5 level. It took 48bars to reach the target 1260. Then, I use it to calculate the Time and Price for next leg. See the chart below: 1.618 is a given fibo target level. The chart is only for analysis, not for trade!
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This is the updated prediction
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$1307 is crucial and to bears, well worth a bet here, but NFP & the Election is coming, so it's still gambling. If after NFP can't get through $1307, there's no "E" on my last chart. only ABC structure completed, and may retrace "(D)".