Fibonacci & regression - searching for the low
Having the regression up and down crossing at the low I played with Fibo to look what could possible a match. Look at price rejection of the low from today. This might be the entrypoint for a good swing. However. putting Fibo on a double bottom gives a different view. Price could drop even more.
I hope for the up in the same angle as before for a new swing. And when things dont work out... well always a nice long position at a reasonable low for the next year(s).
I hope for the up in the same angle as before for a new swing. And when things dont work out... well always a nice long position at a reasonable low for the next year(s).
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