http://mscharts.pcqu...me=&lcprice.gif
For reference.
Check the fibs yourself. Target is 1.60ish.
If this fails, well then Prechter must be right
cheers,
john
Edited by SilentOne, 19 May 2005 - 04:23 PM.
BGO Gartley
Started by
SilentOne
, May 19 2005 04:22 PM
2 replies to this topic
#1
SilentOne
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Posted 19 May 2005 - 04:22 PM
The fibs match precisely. The Gann line coming in around 1.60 could provide ultimate support. I think it gets tested.
http://mscharts.pcqu...me=&lcprice.gif
For reference.
Check the fibs yourself. Target is 1.60ish.
If this fails, well then Prechter must be right
cheers,
john
http://mscharts.pcqu...me=&lcprice.gif
For reference.
Check the fibs yourself. Target is 1.60ish.
If this fails, well then Prechter must be right
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#2
SilentOne
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Member
Posted 19 May 2005 - 04:54 PM
I also saw these charts posted today on Stool.com. Thanks to Coin guy. I think they are self explanatary.
Because I am looking for a wave A = wave C down target $1.60 still makes sense. But who knows. A 78.6% retrace of the entire 2001 - 2003 move would see $1.25 ish.
cheers,
john
Because I am looking for a wave A = wave C down target $1.60 still makes sense. But who knows. A 78.6% retrace of the entire 2001 - 2003 move would see $1.25 ish.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#3
colion
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- Traders-Talk User
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Member
Posted 20 May 2005 - 12:01 AM
The fibs match precisely. The Gann line coming in around 1.60 could provide ultimate support. I think it gets tested.
Not surprising. As posted earlier, XAU and HUI are in the process of completing Gartleys. Given the strong correlation between BGO and a similar price pattern would be expected.
