Contrarian bet against the onslaught of bond bears. RH Technicals vs. WallStreet
- Clean, MACD Bullish Divergence - Descending Triangle, Completed E-wave signals new trend. - 61.8% Fibonacci Retracement hit; Also referred to as the Golden Retracement. It is, after all, based on the Golden Ratio. - And potentially a False Breakdown, likely to mirror the False Breakout of the B wave in the E wave.
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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.