thanks aqain! have a good weekend... ( its memorial day on monday here in the states so markets here will be closed )
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Dislikedin the now... perhaps this black fib has closed from pa... someone with a keen edge might be able to verify.. of note a good looking swing fib is open to 125 ish. Hence I follow price but this describes the hiccup in the down move we had and what set my long view.
The black fib is pivotal in long term... we are either crashing into oblivion or rocket to to the moon if it is open. For some reason i favour the moon. mostly because i am a contrary codger. What do you other chaps see?
TKIgnored
DislikedThom,
I see a confluence ( after the fact ) . At that point , the down swing was halted , and a rally ensued.
SkongIgnored
Dislikedquestion... does respect to the inner fib have to be to the 61.8? can it be to the 38.2 only? thanks in advance!Ignored
DislikedThom, I now have a few charts of yours to take a gander at. I had a quick look at GY. From my considerably less experienced swing fib approach I have come up with the follwing 2 fibs.
This is an hourly swing, there are other swing, 61.8 fibs in here but this was as far up the backswing I could go while still finding this triggered and respectable. Looks like we are good for 135.00
Edit: Apologies. Thom has pulled the same fib earlier. I didn't realise.
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This is a weekly. Again there are other fibs in there but...Ignored
DislikedThom, I posted this chart Friday, It's a 4h only because it's easier on the eye. Is this not good for 1.4700?
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MD.Ignored