New fractal configuration adjusted to different scenarios. Coverage of side-trend, potential upward movement and further decline. A sidetrend with descending volatility is the main expected "object" of my observation at this point of time considering the negative circumstance. Backbone of the fractal itself is indexed as 0/1. This gives out the rest fibs simulating critical levels for trend reversal in the future. Right now the price has dropped to the line which can act as a support to make a pullback, unless it's crossed. In the nutshell:
Crosses => moves to the next fib line to seek support/resistance.
Doesn't cross => reverses
Timefibs determine the Time Density of Trends.
I use it for partial strategic accumulation of shares to distribute the risk.
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.