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Moment of truth. Is this another move above the 8/1 from the pivot high, reject, and dump? If not it's headed to 9000. I believe it is more likely to dump.
The last time it moved above the 8/1 Gann Fan line of the pivot high of that time, the price dumped. The price is currently above the 8/1 Gann Fan line drawn from the recent time and it is likely to dump.
The 8/1 Gann Fan lines are circled in green.
Note, I only use the fractal to compare (time and s/r).
The last time it moved above the 8/1 Gann Fan line of the pivot high of that time, the price dumped. The price is currently above the 8/1 Gann Fan line drawn from the recent time and it is likely to dump.
The 8/1 Gann Fan lines are circled in green.
Note, I only use the fractal to compare (time and s/r).
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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.