BAND as you know went on a bull rampage.
Now it looks to be retracing some the move.
Most common retrace is an Elliot "ABC" wave.
The EW path is a pure GUESS.
But the Fib Levels are SOLID.
Expect a reaction at each level.
The plotted levels are of the "Golden" (parabolic) Fib of this run
.
My "Book" detailing my Methodology with Numerous Examples:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions <= This Example
Chapter 6: Give me a ping Vasili: one Ping only
.
Now it looks to be retracing some the move.
Most common retrace is an Elliot "ABC" wave.
The EW path is a pure GUESS.
But the Fib Levels are SOLID.
Expect a reaction at each level.
The plotted levels are of the "Golden" (parabolic) Fib of this run
.
My "Book" detailing my Methodology with Numerous Examples:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions <= This Example
Chapter 6: Give me a ping Vasili: one Ping only
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.