Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
Afrikoin
on 18/10/2015, 13:17:34 UTC
My take on the current price movement. The first fib levels represent the extension of Wave (A) to estimate levels for Wave (C). The second scale represents the extension of Wave 1 of C to estimate the levels for Wave 5 of C. It's possible that Wave (C) will be topping near the $273 mark as the 1.618 extension of Wave (A), assuming my count is valid.

Thanks for reviving this thread

Q: How is this pattern different from a similar pattern in June/july?

recall




The pattern is slightly different but similar overall. We are looking at corrective patterns in both cases.

last time you said it was a 2, and it turned out not to be.

Podyx posted on Nights watch about your count being invalidated. Is it?