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# YMH1, -2.618%, 4.25% Fib Stretch reversals, error 3 pts, 7 pts,

Howdy,

Toby Crabel's Stretch calculations can be found at www.mypivots.com.
Stretch = 26.
2.618% of the Stretch = 68.
4.25% of the Stretch = 110.

Basis YMH1 and the Fibs of today's Stretch calculation (26 = X), 10 Feb late B session (13:02PST) price reversal from 12201-71= 12130 (12130 = today's low ... 2.618% of X = 68... 12201-68= 12133, therein lies the 3 pts reversal at -2.618% of today's Stretch (26).
-2.618% of the Stretch reversals, whether or not they started as follow through from the previous late B session print going into the close or from the next A session open... all those -2.618% of the Stretch price declines reversed +2.618%.

That's -2.618% from the 10 Feb 12201 (13:05PST) 12201 price high, 12201-68 = 12133. 12130 = 11 Feb low.

YMH1 reversed up... 12130 + 117 points. 110 points = 4.25% of the 11 Feb Stretch, 26=X, reversed +123 pts to 12253 (12130 + 110 = 12240... high = 12253 as of 12:41PST).

The trader should have been finished with her / his trading hours before the close, and with a profit in this typical Friday, i.e., a two-way trading range.

Basis YMH1, this high level consolidation appears to have started developing a counter trend pattern that conforms to: (3, -1), (3,-2), and (3, -3). The trending formula is (3, -1), i.e, fade the first move and project three of those first move in the opposite direction either from that low or from unchange. (Note I trade from unchanged; however, the price projection from the low + 4.25% of the Stretch often satisfies that day's trading range.)
I am looking foward to your shared mutual interests.
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