1 Mar, YMH1, (3, -1), faded 2.618% of Stretch
Howdy,
12214 + 65 = 12279 = -1 of (3, -1)
12279 - 65 -65 -65 = 12084 = 3 of (3, -1)
These price reversals satisfy the (3, -1) formula.
1 March: YMH1 strategy ... trading from unchanged and fading the first move higher, at 2.618% of the Stretch (25 x 2.618 = 65), (because 2.618% extensions have projected, and produced tradeable probabilities for price reversals in the current volatile market).
Previous settlement + 2.618% of the Stretch = 12279 (high: 11292)
12214 + 65 = 12279 (1 March high = 12292) satisfies -1 of (3, -1)
The 12279 price reversal lower to unchanged declined three 2.618% (of the Stretch).
12279 - 65 -65 -65 = 12084, (1 March low: 10257) which satisfies the 3 of (3, -1).
12214 + 65 = 12279 = -1 of (3, -1)
12279 - 65 -65 -65 = 12084 = 3 of (3, -1)
These price reversals satisfy the (3, -1) formula.
12214 + 65 = 12279 = -1 of (3, -1)
12279 - 65 -65 -65 = 12084 = 3 of (3, -1)
These price reversals satisfy the (3, -1) formula.
1 March: YMH1 strategy ... trading from unchanged and fading the first move higher, at 2.618% of the Stretch (25 x 2.618 = 65), (because 2.618% extensions have projected, and produced tradeable probabilities for price reversals in the current volatile market).
Previous settlement + 2.618% of the Stretch = 12279 (high: 11292)
12214 + 65 = 12279 (1 March high = 12292) satisfies -1 of (3, -1)
The 12279 price reversal lower to unchanged declined three 2.618% (of the Stretch).
12279 - 65 -65 -65 = 12084, (1 March low: 10257) which satisfies the 3 of (3, -1).
12214 + 65 = 12279 = -1 of (3, -1)
12279 - 65 -65 -65 = 12084 = 3 of (3, -1)
These price reversals satisfy the (3, -1) formula.
YMH1, Stretch, (3, -1) price reversal formula
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