If the duration of time is directly proportionate to the change in price from bottom to potential top, we are in for a rumble sooner than I may have even thought.
I considered magnitude of this run, but didn't apply it to time. Doesn't necessarily turn out to be true, but if it is, boy we are in for a wild ride real fast.
=FIB
I considered magnitude of this run, but didn't apply it to time. Doesn't necessarily turn out to be true, but if it is, boy we are in for a wild ride real fast.
=FIB
Note
also, actually in this case, the magnitude would be inversely proportional to the time, so larger magnitude, less time.
The prediction is in...
= FIB
= FIB
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The prediction is in...
= FIB
= FIB
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.