Mar 11, 2010

5th Wave Pattern with Fibinocci Measurement

This 5th wave was completed just before the recent C wave correction. The measurement is a little tricky compared to our current pattern. The counts don't always go in the direction or distance you think they will within impulsive waves and I believe the measure point is much lower during our current rally from February. Ignore the arrow as this was done for my facebook friends a couple of days ago. I drew a line through each abc(4) pattern to make it a little easier for comparison.

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