90 degree turn dates mark an important change of trend. usually an important bottom but can be a top as well. Remember, these are turn dates. Harmonic means price & time & geometric
Hardly the turn dates make 2 highs in row, eg 23 July and 8 August. It can only suggest the next turn date 8 August must be a low followed by a high near 23 August.
The ultimate low must be therefore 23 September 2013. Eg WAVE C of Intermediate 4.
Important turn dates change trend and most of the time from a 50% retracement.
We have to ask ourselves " what can be the catapult to lead us lower into 8 August" . The answer could be the FOMC meeting 30 July / 1 August.
Hardly the turn dates make 2 highs in row, eg 23 July and 8 August. It can only suggest the next turn date 8 August must be a low followed by a high near 23 August.
The ultimate low must be therefore 23 September 2013. Eg WAVE C of Intermediate 4.
Important turn dates change trend and most of the time from a 50% retracement.
We have to ask ourselves " what can be the catapult to lead us lower into 8 August" . The answer could be the FOMC meeting 30 July / 1 August.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.