1D chart shows possible S/R zone; lower time frames have some interesting confluence, see chart below
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in this 1H chart we see we are in what is possibly a C wave of an ABC up from the recent low (or a 5 of 5, depending on how you count it).
100% extension of A, and the algo target from the spike up from 41.8 to 44k are both around the 44.5k mark. Expecting a reaction there.
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Also, people may object to where I put the pitchfork pivots, and i hear you! But zoom in to the 5min and take a look at how well this placement seems to describe what's happening.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.