The chart tries to guesstimate a time frame for bottom. I took a fib retrace from Covid19 bottom to Recent Top and .618 is coming in around 18.4k. I took the slant of the descending triangle and added a fib channel down to the fib retrace and it gives us a time frame. Using the fib channel's .618 line it shows that meeting the .618 retrace on Feb 22nd at 18.4k. The descending triangle measured move takes us lower toward the .786 so it will be interesting to see how it plays out.
コメント:
