just something i was playing with, salt as usual, idk if it means anything
also dunno if these can be officially considered sine bc not a circle but same principle?
started with several angles to see how it would play out...when it bounced off the 60º (after wicking to 50 and using 45 as support) i got excited
no idea as to magnitude of bounce...and it could break of course. not financial advice. bearflag/lower high/wick slightly above 25.2 would be max pain probably, rek overconfident beras and re-rek overconfident bulls (is there anything worse than the feeling of being re-rekt by false relief after false confidence?)
but a lot of bull confluence here. 90 degree trendline, 2.236 gartley tp completion, pricetime fibs...too many to list. so at least a good place for beras to tp
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.