AI
Sunday, December 11, 2011 12:21:04 PM
SC > Speaking of Roller Coasters >
You'll notice from this chart, that there exists, on average, a 3-month pattern, from each Price Pivot High, to the next.
From the 0.28c high to the 0.15c high (roughly a 50% Retrace)
From the 0.15c high to the 0.19c high
From the 0.06c high to the 0.026c high (roughly a 50% Retrace)
I look at Elliott Wave structure also, so there are a lot of A,B,C corrections, and 1-2-3-4-5 impulse moves associated with these patterns as well.
You'll notice from this chart, that there exists, on average, a 3-month pattern, from each Price Pivot High, to the next.
From the 0.28c high to the 0.15c high (roughly a 50% Retrace)
From the 0.15c high to the 0.19c high
From the 0.06c high to the 0.026c high (roughly a 50% Retrace)
I look at Elliott Wave structure also, so there are a lot of A,B,C corrections, and 1-2-3-4-5 impulse moves associated with these patterns as well.
