jimmy
a bit hard to explain
basically you take the low & high of a run
and run the following set of ratios over that low to high
23.6%, 38.2% 50% 61.8%
these are the possible levels to bounce back up
61.8% is the most reliable of them all
I usually watch entry opportunity around this level for a bounce
doesnt work everytime
but works most of the time
think a basic google research will help you better with these
