Time and Price calculation -- Not for Trade, not very accurate!

This chart only for analysis, not for trade.

評論:

remember this chart? under another post of mine. It's about the calculation of the retracement from $1274. At the time 0.618 is only a given fibo retracement target.
And according to 0.618 retracement level, it'll take 57bars, the price target is $1256.

評論:

sorry, this is the previous chart i was talking about
s3.amazonaws.com/tra...shots/n/Nlf88aXi.png

評論:

However, the retracement seems done at 0.5 level.
It took 48bars to reach the target 1260.
Then, I use it to calculate the Time and Price for next leg. See the chart below:
1.618 is a given fibo target level.

The chart is only for analysis, not for trade!

評論:

This is the updated prediction

評論:

評論:

$1307 is crucial and to bears, well worth a bet here, but NFP & the Election is coming, so it's still gambling. If after NFP can't get through $1307, there's no "E" on my last chart. only ABC structure completed, and may retrace "(D)".