Looking at AE it seems that it made a bottom on the 18th March and started a new impulse wave up.
I believe that it then retraced to the 0.382 level yesterday (4th April) and is now starting the third wave.
A 1:1 extension would take us up to 2800 whereas an extension up to the 1.618 would take us to 3350. The third wave must not be the shortest so either up to...
This is my first post here, so take this with a pinch of salt!
I'm wondering whether i've got the levels right and also the use of fibonacci. Basically I'm trying to put into practice some of the stuff i've been picking up from Philakone and Cash is King. Any comments / thoughts welcome.
If I was going to trade this I would:
Look to confirm the uptrend, It...
