In trying to throw some light on the target zone for the three way drive to a pattern we see on the daily chart, another fellow technical analyst draw my attention to the wolf wave.
See here: www.wolfewave.com/an...g_with_the_rules.htm
It's very clear in it's measuring and defining of ETA and EPA. It gives a target of 1890 ...close to the 161.8 fib extension. - only 5 handles short.
But as always... time will show
Safe trading ladies and gents!
BM
Music at work: www.youtube.com/watch?v=buKNzdD1...
See here: www.wolfewave.com/an...g_with_the_rules.htm
It's very clear in it's measuring and defining of ETA and EPA. It gives a target of 1890 ...close to the 161.8 fib extension. - only 5 handles short.
But as always... time will show
Safe trading ladies and gents!
BM
Music at work: www.youtube.com/watch?v=buKNzdD1...