envisionipod

envisionipod

Possible bounce coming up for XVG at .786 Fib line. Expect it to go lower and maybe bounce off of it. If it breaks below this line we are probably going all the way back down to our initial starting point last month. Possible Elliot wave formation going here but please be careful. Short till .786 is hit, long after.

envisionipod

Orange lines represent strong areas of fib. confluence and support. Broke a descending wedge earlier today, now playing in a larger downward channel. Short for now, until we start showing some strength. Best of luck. :) Throw me a like if you agree/if I turn out to be right! Have a great weekend.

envisionipod

Orange lines represent strong areas of fib. confluence and support. We are entering an apex for a descending wedge and could break up or downwards, i'm leaning more towards up. Green box represents buy-in zone. Macd starting to turn. RSI entering oversold. Best of luck. :) Throw me a like if you agree/if I turn out to be right! Have a great weekend.