tick up reversal forming, page-13

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?