well, wave 5's can truncate sometimes, or when they make new
lows, sometimes they are similar in length to wave1, so subtract
that to wave 4. Also, the 61,8% Fib is below (see the chart)
that would be a good support area as well.
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well, wave 5's can truncate
GDX 60 min playing out
Posted by matt on 11th of Dec 2009 at 02:33 pm
well, wave 5's can truncate sometimes, or when they make new lows, sometimes they are similar in length to wave1, so subtract that to wave 4. Also, the 61,8% Fib is below (see the chart) that would be a good support area as well.