click on chart to enlarge
For the NG to produce further legs up in this structure, it should really hold either the .618 retrace at 4.73 ( also c=.618 of a) or the .76 retrace, at 4.61 ( c=a) .
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- Guy W Bishop
- I have been applying Elliott Wave Theory to energy markets as a broker and as a trader for commercial entities since 1983. This blog is merely my personal musings on various wave structure's and NOT any kind of trading recommendation or suggestion.
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