Hi
So this post is considering only a bullish view, based on the idea that the bottom is in.
I was playing with algo sell fib targets from previous highs, to the lowest low. This is marked with RED lines.
Todays current spike up hit one of those resistance levels to the tick.
Are we going further up ?
I played with elliot waves and fibonacci, and found some confluence with the resistance lines.
What do you think ?
Please leave a like
So this post is considering only a bullish view, based on the idea that the bottom is in.
I was playing with algo sell fib targets from previous highs, to the lowest low. This is marked with RED lines.
Todays current spike up hit one of those resistance levels to the tick.
Are we going further up ?
I played with elliot waves and fibonacci, and found some confluence with the resistance lines.
What do you think ?
Please leave a like
Note
we hit the wave 3 peak today (green ).Lets see further how it plays out.
Note
Slight divergence on volume. I hope we can hit a small 4 before the 5 we are All waiting for, to 5800+Note
So we did hit 5800Now it looks like ~6400 is coming in not too many days
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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.