Graphical analysis of movements of tops and bottoms since 20 sep 2020, making 2 times the movement of 1,2,3,4,5 reaching the top of resistance on the 22nd Nov 2021, beginning a low movement following the same pattern 2 times 1,2,3,4,5, seeking the last low resistance of 2020 the same retraction 0.61 fibonacci, we can perceive the slope of the strongest lines in the trend of low, because the last events with inflation, high rates, war... accelerated this movement
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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.