very bullish chart, page-19

Tawnyport,

H 1.61 (not 1.62, my mistake) on 24.7 and L 1.195 on 26/8

You can choose 1.87 H for a long term chart. But I trade on a short term. That is why I work on a single wave. IMO, work with single wave is much accurate for short term traders.

That is why I sold FMS @ 13.5 because it was near 61.8% up = 14c ( base on 16 H and 11 L), plus a double top at 13.5 (now is treble top) and may fall further 10c or 9.1c to complete an inverted parabola.

Similarly, today (GDY) drop 1.31 is exactly 61.8% retracement (!) from H 1.50 and L1.195. (I dont buy back until chart low enough).