Thursday, February 06, 2014 12:20:40 PM
02/06/14 . . . . . . . .
At the ‘do or die’ moment on the time length for this intra-day bounce from the minor low 1737.92; The bounce time length determines the delay to see another low towards the last week of February.
Numbers in italic are the projections (see table) from the wave extensions & Fibonacci retracements. those in grey are actual numbers. (1768.10 is a wave extension @1.000 , I will release the wave table is a separate post, let's go step by step)
Table link http://forexrainbow.com/images/28250003805511906708.jpg
chart link http://forexrainbow.com/images/71579055055849810366.jpg
archives
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I speculate that this correction will extend to the last week of February.
The projection is in the range of retracement 0.3236-0.4465 in reference frame 4, +/- one Fib, range 1684.34 - 1622.38 +/-. (see table)
At the ‘do or die’ moment on the time length for this intra-day bounce from the minor low 1737.92; The bounce time length determines the delay to see another low towards the last week of February.
Numbers in italic are the projections (see table) from the wave extensions & Fibonacci retracements. those in grey are actual numbers. (1768.10 is a wave extension @1.000 , I will release the wave table is a separate post, let's go step by step)
Table link http://forexrainbow.com/images/28250003805511906708.jpg
chart link http://forexrainbow.com/images/71579055055849810366.jpg
archives
---------------------------------------
I speculate that this correction will extend to the last week of February.
The projection is in the range of retracement 0.3236-0.4465 in reference frame 4, +/- one Fib, range 1684.34 - 1622.38 +/-. (see table)
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