Haspete, thank you once again for providing a critique on my charting as has long been your custom. With respect ALL TA predictions are to some extent "a guess" until they are proven or otherwise. If you have any understanding of the interconnective nature of fibonacci then you could clearly see I have provided some evidence in fibonacci for my targets. I could have provided further evidence of onion layers by placing a 3rd fib set picking up the march 09 low.....but that would have cluttered the chart too much.
secondly, one of my (now failed forks) is nicely pinned to the april 2010 highs. and the other is assuming the next fib line to be the target high. The centre line of that fork picks up the minor correction we had last November.
All that said please try to remember that like most here, I provide charts for points of interest and offer them only as possiblities to consider. But thank you for the interest in my work and I look forward eagerly to your next critique.
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