Hey, the Dutch Boot, how are you brother?
And yeah, them pesky fibs come in to play far to often not to accept their existence so I chased it down a while back..
It takes a little practice to accurately apply the peaks and troughs (and will make what ever pattern you want to appear if you place it on diff points self fulfilling your own prophecy.. Which never really works out as good as you'd hoped I found.. ha)
Basically once you assign a parameter criteria to assign the low and the high, along with a custom pullback which you don't need, it just tightens the extensions once you apply it.. Then stick with that same criteria each time you move forward. And just to highlight the point I noticed I screwed my own transition to wave 3 and used previous high as the corresponding low point and not .063 which should have been the correct transition to the new low.. oops..
1
2
3 Updated to reflect .063 as the
So if .165 holds now then we can look forward to the next set of extensions coming in to play.. And I think Bella had Pac Partners adjusted valuation somewhere between the 61.8 - 100% extension from memory based n a 1 million oz MRE..
Though they might have lowballed us... ;-) 8H
"We know the gold's there and the valuation is very reasonable" Zeff Reeves.
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