Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
Afrikoin
on 08/09/2016, 11:24:45 UTC
great call chessnut!

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.