This is a followup to my 3.8k Bottom Call (click).
Quick update to map upcoming resistances.
Bounce thus far looks reasonably strong.
What happens at the resistances above is key.
$ 6359-6418 is immediate resistance, possible end of small order wave.
$ 6839-6969 will be pretty strong resistance, likely end of this leg.
$ 7198-7278 is maximum expected, assume we get past 7k round.
.
My previous charts catching every key turn and giving early warnings (click the links below):
3.8k Bottom Ping
7.7k Retrace Target
10.5k Top call
9.7k Bounce <= mapped within $10
8.2k to 10k wave 5
9k barrier Foretold <= Warning in Time
8475 Top Call <= Mapped within $5
Sub 7k Foreseen
Big Picture Fibs <= the 3 Fibs of Life
14k target call <=Perfect TP
3.1k bottom call <=EXACT 2018 bottom
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Quick update to map upcoming resistances.
Bounce thus far looks reasonably strong.
What happens at the resistances above is key.
$ 6359-6418 is immediate resistance, possible end of small order wave.
$ 6839-6969 will be pretty strong resistance, likely end of this leg.
$ 7198-7278 is maximum expected, assume we get past 7k round.
.
My previous charts catching every key turn and giving early warnings (click the links below):
3.8k Bottom Ping
7.7k Retrace Target
10.5k Top call
9.7k Bounce <= mapped within $10
8.2k to 10k wave 5
9k barrier Foretold <= Warning in Time
8475 Top Call <= Mapped within $5
Sub 7k Foreseen
Big Picture Fibs <= the 3 Fibs of Life
14k target call <=Perfect TP
3.1k bottom call <=EXACT 2018 bottom
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Note
Playing out Perfectly.Price action exactly as expected thus far
That is a double fib, which make for strong and precise boundaries.
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Note
Yup, that Double Fib mentioned above was strong as expected Measuring the pullback now for any clues on outlook.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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.