ENJ has pierced a now obvious key level defined by 2 golden fibs. "Now Obvious" as in the whole world has seen the reactions here. But us Believers knew of this landmark level even before first hit.
Break and Hold of 3.25 could lead to a new ATH. Rejection here could lead to new lower lows. Most likely we get a few "orbits" before decision.
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I do not use "Fibs" in the "traditional" manner (retracements). I use Fibs to plot "Ripples" (extensions) created by "Impulses". Then look for "Confluences" to map the "interference Pattern".
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.