Potentetial 5 Drives Pattern. Currently on leg c (1.618)
Currently on leg c (1.618% Fibs) of the 5 drives pattern.
If price closes below my trendline from point D to C Ill sell down to the D leg (50.0 %fibs)
Once price hits the 50% retrace it is time to buy again!
If price closes below my trendline from point D to C Ill sell down to the D leg (50.0 %fibs)
Once price hits the 50% retrace it is time to buy again!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.