Fib-based trendline, structure, & pattern
What I'll be looking for
1: Small pennant to form nearing the end of this larger pennant similar to what I reference to and draw out.
2: Higher timeframe congruence on RSI 4h-24h (no significant bearish divergence on the way up)
Foreseeable short-term bearish scenario linked below
What I'll be looking for
1: Small pennant to form nearing the end of this larger pennant similar to what I reference to and draw out.
2: Higher timeframe congruence on RSI 4h-24h (no significant bearish divergence on the way up)
Foreseeable short-term bearish scenario linked below
Trade closed: target reached
50k reached - no clear trajectory at the moment
Related publications
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.
Related publications
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.