Using Bulkowski's calculations for AB=CD from "thepatternsite . com" with the values A=69,028, B=40,589, C=52,072; I calculated D=33,492.
The H&S target of 51% is also from Bulkowski's site.
The AB=CD explains why we bounced where we did and the H&S hopefully gives us a "Max Pain" bottom number.
The fib scale to the right is using 3,800 for the LL.
The H&S target of 51% is also from Bulkowski's site.
The AB=CD explains why we bounced where we did and the H&S hopefully gives us a "Max Pain" bottom number.
The fib scale to the right is using 3,800 for the LL.