Bati
50% is a common retrace alont with 38.2 or 61.8. you are basically measuring the strenght/weakness of the retrace.
Going forward 150% is basically adding 50% to the intal move giving you 150%
If its a bull move you want the up legs increasing in time and price, if its a bear move you want the up legs decreasing in time and price.
regards
Rob
titanic thursday, page-68
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |