To musashi/MMM and the guys who picked 0.008 as the low, being the 31% fibonacci retrace from 0.011 high - you guys deserve a medal.
For future reference, is this elliot wave theory?
Because I googled it and can come up with:
key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.
Read more: http://www.investopedia.com/terms/f/fibonacciretracement.asp#ixzz1sRSsG5Ti
How did you guys pick 31% retrace?
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