Fibonacci divider and 5 waves

93
It anyone knew about Elliott , we could have used Fibonacci divider to show us the the top. This was a perfect wave .
Note how wave iv divided the entire wave into 0.618 : 0.382 ratio . A Fibonacci divider.
Now just hope this wave should not be retraced by more than 0.618 percent . If it does the we can assume this was an extended wave 5 which will put a cap on the stock for atleast double the time of its current wave up. Regards

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.