i just wanted to share this .....:
i found this old chart of mine (at least a year ago - i think it was after this strong breakout of the dax in dec16) when i was trying different time cycles to get some idea about correction levels...
i had then completely forgotten about this when i found it again just a few days ago--and i was absolutely blown away!
the fib lines fit like magic the major correction levels!
too bad i did not find this before (and trade it--)
i found this old chart of mine (at least a year ago - i think it was after this strong breakout of the dax in dec16) when i was trying different time cycles to get some idea about correction levels...
i had then completely forgotten about this when i found it again just a few days ago--and i was absolutely blown away!
the fib lines fit like magic the major correction levels!
too bad i did not find this before (and trade it--)