D point has been complited at a .847 fib. retracement .
To me this means that we can except a drop , if we measure the c -> d leg , we get two target levels on the fibonacci scale .
Target 1 = 0.382 retracement
Target 2 = 0.681
As the price drops below the first target we can get our stop loss at the d point .
To me this means that we can except a drop , if we measure the c -> d leg , we get two target levels on the fibonacci scale .
Target 1 = 0.382 retracement
Target 2 = 0.681
As the price drops below the first target we can get our stop loss at the d point .