[ SIDEWAYS ] - Fibchannel + Timefibs
[CORRECTION: TV rescaled the chart. please allign the scaling so that the purple and blue dashed lines close]
Carefully adjusted fibchannel and timefibs.
Allignments of price and fib channel are marked by yellow lines (scale out to see more allignments)
0.618 - 0.764 time fibs mark a potential breakout area.
Next weeks I expect moves within the red diagonals, less volatility, smaller trend angles on downmoves, short: sideways.
So moon rally likely to start in august.
Carefully adjusted fibchannel and timefibs.
Allignments of price and fib channel are marked by yellow lines (scale out to see more allignments)
0.618 - 0.764 time fibs mark a potential breakout area.
Next weeks I expect moves within the red diagonals, less volatility, smaller trend angles on downmoves, short: sideways.
So moon rally likely to start in august.
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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.