Using Fib circles to plot how price falls
Both corrections are around -80%
A fall like this allows for a third touch on the up channel that is apparent
Bars pattern placed (red) is just my thoughts of how price could act if this scenario occurs
Both corrections are around -80%
A fall like this allows for a third touch on the up channel that is apparent
Bars pattern placed (red) is just my thoughts of how price could act if this scenario occurs
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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.