This parabolic curve was difficult to assess due to the extreme chop. If my fib math is correct Parabolic PRZ calculated at 430 .. 1.618.
Parabolic Retracement Levels …
424 .236
420 .382
417 .5 (R1 M Past 417.15)
414 .618
411.50 .71 (411.30 POC VRVP Price Magnet) Confluence
Overall Swing Retracement
418.60 .236 (R1 Monthly 419.18)
411.43 .382 (411.30 POC VRVP Price Magnet) Confluence
BEST GUESS .. retesting 411.30 / 0.382 retracement
Parabolic Retracement Levels …
424 .236
420 .382
417 .5 (R1 M Past 417.15)
414 .618
411.50 .71 (411.30 POC VRVP Price Magnet) Confluence
Overall Swing Retracement
418.60 .236 (R1 Monthly 419.18)
411.43 .382 (411.30 POC VRVP Price Magnet) Confluence
BEST GUESS .. retesting 411.30 / 0.382 retracement
Note
Note
419 / 411 PRICE MAGNETSTrade active
DOUBLE TOP M - Harmonics are point with 419. 426 key level needs to break all air underneath. Note
Here's a clearly picture of these harmonics (boxes) .. because it's height that matters / length measurement. The diagonal can be deceiving because it includes length and time. Note
1HR Possible Bearish Megaphone / Bearish Divergence Note
Bearish Megaphone / Bear Flag .. Cypher 2 pivot dimensions are a bit off by 15-20% however PRZ “D” calculation 786 is 100% on point. Order cancelled
PREDICTION BUSTED.
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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.