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Re: kayak_wench post# 70129

Wednesday, 08/03/2022 4:19:08 PM

Wednesday, August 03, 2022 4:19:08 PM

Post# of 78815
A close at .0028 is very encouraging. k_w, using Fibonacci #s along with elliott wave measurements... .004/.0025=1.6. (Fibonacci w/b 1.618.); also, if you pull a 3M line chart there are 3 bottoms that touched down @ ,0027. The Line Chart doesn't trace every top/bottom point that the Candle chart does...but, there it is if you are willing to consider the bottoms on the Line chart. There are a myriad of variables in technical analysis and it's only useful as a tool, providing you have the right tool.





IGEN breaks almost all of the common rules to nearly adhere to the exceptions most times...but, there is the possibility of a bottom here...the first good PR before it goes lower will pull us along....GLTA~
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