This target measuring is so accurate that it almost like reading next week's newspaper today. All you have to take the peak price before an important decline sets in and subtract next low price from it.
For Example in the chart ,
You'll see the peak at 25 at A and the low is formed at 15 at B, you will get difference of 10 points ,25-15=10 points.
next step is to add 10 points onto the peak of price A . So 25 +10 equals to 35. This level become a potential near term target area.
Obviously this is just an approximation , the move can further grow.
HAPPY TRADING GUYS
For Example in the chart ,
You'll see the peak at 25 at A and the low is formed at 15 at B, you will get difference of 10 points ,25-15=10 points.
next step is to add 10 points onto the peak of price A . So 25 +10 equals to 35. This level become a potential near term target area.
Obviously this is just an approximation , the move can further grow.
HAPPY TRADING GUYS