Long
Why 0.225 is the bottom?
1) it is the final target of the ABC Cypher harmonic pattern on the top: 2BC
2) it is the 0.78 Fibo retracement level
3) it is the 1.61 Fibo retracement level of the fourth(iv) wave and it is the fifth(v) wave.
2) it is the 0.78 Fibo retracement level
3) it is the 1.61 Fibo retracement level of the fourth(iv) wave and it is the fifth(v) wave.
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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.