Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
chessnut
on 07/08/2016, 00:04:25 UTC
The impulse had many primary wave extensions which is why it seems it has bottomed on just one sharp fell swoop. Having gone too far none the less I think the bottom very probably in.

We know theres a bottom here because of the triangle. We know abc's retrace at least 62% as a strong guideline. Not to mention that the abc could have been a wave ii of sorts.