We are at previous low, mostly this triggers a uptrend, trading long now.
Small LOSS or BIG gain, who knows!
Good luck to you all
Small LOSS or BIG gain, who knows!
Good luck to you all
Not
tradingview.com/chart/AbJnieBQ/With the Fibonacci channel you can see the perfect parallel channel!
Look at Red 0% en blue 50% touches (red arrows)
Price movement
Below 50% blue line target 5100usd
Cross 0% red line targets 2 and 3
- Red line good short position with small stoploss
- Blue line now good for long position because we are @ 61.8% Fibonacci, over time this is not true because blue line descending.
Not
With the Fibonacci channel you can see the perfect parallel channel!
Look at Red 0% en blue 50% touches (red arrows)
Price movement
Below 50% blue line target 5100usd
Cross 0% red line targets 2 and 3
- Red line good short position with small stoploss
- Blue line now good for long position because we are @ 61.8% Fibonacci, over time this is not true because blue line descending.
Not
With the Fibonacci channel you can see the perfect parallel channel!
Look at Red 0% en blue 50% touches (red arrows)
Price movement
Below 50% blue line target 5100usd
Cross 0% red line targets 2 and 3
- Red line good short position with small stoploss
- Blue line now good for long position because we are @ 61.8% Fibonacci, over time this is not true because blue line descending.
Not
possible retrace at red dotted line, therefore 161.8% is still feasible.
I expect a retrace to red line 100% or up to blue support bar.
Retrace at red line, then it is possible to break old trend line at target 3.
Retrace at support, then I expect high sales pressure at target 3.
is support broken then ......
Feragatname
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.
Feragatname
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.