TNT Chart, page-2487

@Mananas heres a good pattern to start with ..if you see a very deep retrace on a daily chart its likely a wave C of an ABC zig zag down..see if its retraced near or right on the long term 62% Fib then check to the left to see if there`s a wave 4 triangle..if so then drop down to intraday 60 min and look for signs of reversal there..(inverse HnS or similar)...C waves retrace to within the space of a wave 4 triangle (often right to the bottom of it) but the LT 62% Fib takes precedence over where it stops in the triangles range.