.786 has been the flavor of the last 6 years when it comes to corrections/bear markets.
This is an illustration showing the following:
Yellow lines/pink arrows indicate lows
Green arrows are highs
Orange arrows indicate .786 fib levels
Yellow box indicates potential ladder entry zone
Red line is the 6200-5700 strong support
You can also see the sideways movement at the Golden Ratio (.618 fib) before runs
Not financial advice
This is an illustration showing the following:
Yellow lines/pink arrows indicate lows
Green arrows are highs
Orange arrows indicate .786 fib levels
Yellow box indicates potential ladder entry zone
Red line is the 6200-5700 strong support
You can also see the sideways movement at the Golden Ratio (.618 fib) before runs
Not financial advice
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.
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.