Price Structure There are four common structures that are used to identify supply & demand levels on forex charts: 1) Drop- Base- Rally 2) Rally-Base-Drop 3) Rally-Base-Rally 4) Drop-Base-Drop
Price Rules AB=0.382 or 0.50 XA BC=0.382 or 0886 AB CD=1.618 or 2.618 BC AD=0.886 XA
Price Rules AB=61.8 XA BC=61.8 or 78.6 AB CD=127.2 or 161.8 BC AD=78.6 XA CD=AB
BTC // Most emerging technologies follow a specific pattern and parabolic curve until the curve is broken. The first curve was broken after the hack and a new one has formed since then. Now since BTC is the first Global reserve currency NOT dominated by a country Global reserve currencies since 1450 it is hard to estimate how far BTC will go until it breaks this...