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BHP Billiton Limited Message Board

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  • elmojitogatico elmojitogatico Jan 25, 2010 5:02 PM Flag

    Where Is BHP Heading?

    yep looks like a break below 72.50 could take us to next leg down ~65 depending on? I'm not sure but I believe Fibonacci calls for 5 legs down which constitutes a move. This is a Fibonacci theoretical move fallowed widely in most circles. I just watch to see if it works. Just as many people think it's a slide of hand of a mathematician.


    Fibonacci move down or up

    #First identity Proof

    #Second identity Proof

    #Third identity Proofs

    #Fourth identity Proof

    #Fifth identity end

 
BHP
45.87-0.41(-0.89%)May 22 4:02 PMEDT