drawing a fib retrace from swing low to swing high we see price
pulled back into the 618. By using a simple AB=CD pattern we can start
to make the prediction of where price could go in the future.
To Add a little more conviction we can layer on a fib extension from A to B
And we get a 127 ext just below the AB=CD completion point. Thus,
giving us a range of say $80 to $83,000 price target.
pulled back into the 618. By using a simple AB=CD pattern we can start
to make the prediction of where price could go in the future.
To Add a little more conviction we can layer on a fib extension from A to B
And we get a 127 ext just below the AB=CD completion point. Thus,
giving us a range of say $80 to $83,000 price target.