RAP 0.00% 20.5¢ raptor resources limited

rap chart, page-2042

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  1. 6,213 Posts.
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    Hey D

    Try and draw something for u when get on laptop later.

    Mostly I use Fib as loose areas of interest as I use auto generated which allows an input parameter of x period to work from.

    Essentially to do manually u find a downtrend and draw the from the highest to lowest and then the Fib lines will extend showing potential retrace upward areas projected.

    Conversely in an up trend start from the lowest point to highest and the Fib lines extend again for the downward retrace areas of interest projected forward.

    @rallyman essentially about right on his manual Fib though I would probs start a little more to the right from that ranging area to the actual up trend start proper around late September or so I think it is.

    Hope that makes sense and post example of RAP later.
 
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