BPC burns, philp & company limited

boring, page-6

  1. 9,485 Posts.
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    HI Darke , only had a quick look originally .

    An interesting chart if you look at a 5 year monthly .
    It shows major retracements of between 4 -9 months with the average being 7 .
    Price retracements have also been significant .

    If u measure the swing tops to lows add in some fib levels or elliot stuff it'll give a clue to future prices .

    If that all sounds to hard just do a 5 year monthly channel with 0.65 and 0.92 top of channel and 0.06 and 0.42 being low of channel add in some 45degree slopping retracements and you'll see what i mean .
    Obviously my original post was a tad rough but not without logic . U decide and happy betting .

    night all .
    ge
 
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