Disliked{quote} Good eye, I mentioned but did not post this chart. Edit: this is EA mention. {quote} {image}Ignored
Davit has us reading Scott Carney's work on harmonics. On the EA chart you posted, I noticed the AB retracement was dead on .618. SC states the reciprocal ratio that complements the AB=CD structure is the BC projection, which would be 1.618 and is within a couple of pips of the D point at R61. Fibs fascinate me, and as Davit has told us many times, we are trading harmonics on his thread whether we know it or not. Thanks for your post, as it certainly supports what Davit is teaching us.
Later,
TX