Hi all,
I was a bit bored today so i did something i normally wont do, i used the line chart this time, and i was looking for a potential bottom using the fib top (0) and checking where a possible bottom (1) will be.
So i noticed some kinda pattern that was used in the 2014 bear correction.
I marked them with the circles.
This was the best i could make of it. :)
NOTE : This is not a call (for the bottom) this is just for infotainment and fun and maybe some educational purpose.
Lets see if it plays out or not,
I was a bit bored today so i did something i normally wont do, i used the line chart this time, and i was looking for a potential bottom using the fib top (0) and checking where a possible bottom (1) will be.
So i noticed some kinda pattern that was used in the 2014 bear correction.
I marked them with the circles.
This was the best i could make of it. :)
NOTE : This is not a call (for the bottom) this is just for infotainment and fun and maybe some educational purpose.
Lets see if it plays out or not,
Trade active
Good afternoom peoples !For now it still looks the same, current prices (resistance) at the 0.382 fib levels.
If fractel will be legit, we can see a correction towards $9400 levels (0.618fib)
Note
$9200 - $9400 did act as support here !I have mixed feelings about this push up...
Uploaded a bear scenario yesterday you can see it here :
Trade closed: target reached
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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.