Just to reiterate some things I posted earlier regarding time relative to the fibonacci level 38.2.
Measuring the movement from the low on the 25th of August to the high on the 15th of Oct in terms of time and multiplying this time by 38.2% to give an indication of a turn gives.
25/08 to 15/10 = 893 hours * 0.382 = 341 hours
From the top on the 15/10 add the .382 retrace (ie. 341 hours)
Gives (possible) turn on the the 4th at 2am ( E.D.L.S.T).
This ties in with the FOMC meeting which will be announced around that time (from what I understand).
Obviously all just conjecture .....
cheers. :0)
AUD
unknown
Just to reiterate some things I posted earlier regarding time...
Add to My Watchlist
What is My Watchlist?