Short term i`d expect correction to develop between 0.382 and 0.618 - longer term and i don`t know for what reason a drop to 100% - $12000
abc move has hit the 0.618 extension - possible to go 1 to 1 longer term. see what develops in the circle as to which direction it will go.
if I was investing from here i`d be worried. trading it back and forth is fine.
abc move has hit the 0.618 extension - possible to go 1 to 1 longer term. see what develops in the circle as to which direction it will go.
if I was investing from here i`d be worried. trading it back and forth is fine.
Comment:
A small 15 min chart version of what i`m trying to describe. (the only difference is the correction developed under 0.618 before going 1-1
