for Great Speculations. Nov 14, 2013, 09:06am EST Nov 14, 2013, 09:06am EST. Share. ... This means the wave will travel farther than the usual Fibonacci projection for the third wave i.e. the 161. ...

The 61.8% Fibonacci retracement of the rally from around $78.20 on January 20, 2009 to $705 last September lies at $318. That should provide gravitational pull for the stock once we break below $390.

Unknown to the great monk, these Fibonacci numbers fit perfectly into our modern financial markets because ... Doing the math suggests a free ride for the last 21.6% of the rally or sell-off wave.

The .386, .50 and .618 retracement levels comprise the primary Fibonacci structure found in charting packages, with .214 and .786 levels adding depth to market analysis. These secondary ratios ...

Even in short-term charts, minor Elliott waves are clearly present as are the Fibonacci retracements and projections.. Here is a great recent example in the euro (EUR) / dollar (USD). Throughout ...

In a diagonal, wave 1 is typically the longest with wave 3 in the .768-0.618 x W1 range and wave 5 in the .768-0.618 range. The magnitudes are not rules, but guidelines; but 3 can never be the ...

Eliott wave and Fibonacci predictions - Trend lines. Hello i am Andrej and for the few days I will be here instead of Grega who is our great tehnical analyst for Eliott wave and Fibonacci prediction.

Wave four: Wave four typically corrects 23.6% to 38.2% of Wave 3’s $8,090 upswing, meaning one can expect a drop of $2,151.94 to $3,090.38. From wave three’s $80,090, one might see Bitcoin ...

Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...