Still going down after already a huge drawdown ;
the blue lines are the main recent interesting KL, reaching it one by one, slightly bouncing then still going down seems like the next move ;
but it s the same as fibonacci, it might bounce harder on one and even change the whole trend to a new uptrend.
the blue lines are the main recent interesting KL, reaching it one by one, slightly bouncing then still going down seems like the next move ;
but it s the same as fibonacci, it might bounce harder on one and even change the whole trend to a new uptrend.
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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.