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<blockquote data-quote="HerefordSire" data-source="post: 637845" data-attributes="member: 4437"><p><em>ROB...I am showing 14,100 and some change as being the high. Half of that is 7,050 so I know the drop has been over 50%. Prices usually reverse course at a Fibonacci number. It blew right through 50% so know I am looking for a 62.318% reversal (around 5,300 after a couple bouncing peaks in the interim...it doesn't have to be right...just be aware of it). What I found out through research is that the same patterns show up over and over and over on different time frames. It is as if they reflect the sum of human conciousness (all investor and trader brain wave patterns summed that are buying and selling the vehicle), although it can never be proved.</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 637845, member: 4437"] [i]ROB...I am showing 14,100 and some change as being the high. Half of that is 7,050 so I know the drop has been over 50%. Prices usually reverse course at a Fibonacci number. It blew right through 50% so know I am looking for a 62.318% reversal (around 5,300 after a couple bouncing peaks in the interim...it doesn't have to be right...just be aware of it). What I found out through research is that the same patterns show up over and over and over on different time frames. It is as if they reflect the sum of human conciousness (all investor and trader brain wave patterns summed that are buying and selling the vehicle), although it can never be proved.[/i] [/QUOTE]
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