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The Bear Room, page-972

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    @Tradinator

    Monthly chart = large degree EW where

    - W2 is a 50-61% Fib retrace of W1
    - W4 is a 23-38% Fib retrace of W3
    - once W5 top is in, then 50-61% Fib retrace



    Note:

    - W1, W3 and W5 each consist of 5 smaller degree EW waves ... its fractal of nature meaning each of those has 5 smaller waves again ... and so it continues
    - W2 and W4 are against the trend i.e. corrective
    Last edited by EugeneB: 08/04/24
 
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