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
BPC
burns, philp & company limited
HI Darke , only had a quick look originally . An interesting...
Add to My Watchlist
What is My Watchlist?