I don't make a lot of videos but I thought this idea warranted one so I could share the detail. First of all, I'd like your feedback - what else do you see? what did I miss? Let me know.
Key points from this video:
So, what do you think?
Key points from this video:
- We are coming up on the COVID lower trendline
- We are currently sitting on a key level that has a confluence of 50% retrace on downward channel
- The 61.8 retrace is in confluence with a number of key items: The COVID Trendline, Volume Profile, 2022 high, and current channel
- Momentum is also supportive of a pivot
So, what do you think?
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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.