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Fibonacci 144 and 161 at work.The hourly.


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#1 milantrader

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Posted 19 March 2018 - 03:46 PM

http://www.traderscr...dex.php?p=intra



#2 Geomean

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Posted 19 March 2018 - 04:49 PM

The gaps on your chart before and after the March 13 high caught my eye because they form an island reversal.


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#3 milantrader

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Posted 19 March 2018 - 05:01 PM

Yup. Counting about 6 since jan 26.



#4 kssmibotm

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Posted 19 March 2018 - 09:05 PM

161 is not a Fibonacci number.



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#5 milantrader

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Posted 20 March 2018 - 01:49 AM

You are right. Stupid me. It is a Fibonacci extension.