Long 10:25
Short 30:130
It's pretty speculative but I didn't want to go too high. In other words:
1990 hi -> 2000 hi = ~2 vertical bars rise
2000 hi -> 2008 hi = ~4 or 5 vertical bars rise
2008 hi -> 20018 = I stuck a line between the the previous highs and extended into where the next cycle should be around, so I stuck with that. 150 Might be impressive though.
Short 30:130
It's pretty speculative but I didn't want to go too high. In other words:
1990 hi -> 2000 hi = ~2 vertical bars rise
2000 hi -> 2008 hi = ~4 or 5 vertical bars rise
2008 hi -> 20018 = I stuck a line between the the previous highs and extended into where the next cycle should be around, so I stuck with that. 150 Might be impressive though.
Note
Hard to tell if it will be quick like 2008 or slower. If the impulse is higher, perhaps the count could be faster.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.