kizzillionaire

kizzillionaire

Clean 1:2 set up. Price failed to break support 3 times hence why my bias is long.

kizzillionaire

Based on this 4hr fib I see price making another ATH

kizzillionaire

This fib played out to a tee to the 2nd fib extension. Price went further and now starting to drop.

kizzillionaire

If price respects this fib then new ath will be circa 2796.

kizzillionaire

If this fib gets violated then I see price heading to a new ath

kizzillionaire

Last week my bias was long eyeing TP @ 1750. This now looks like it may play out in the other direction with a TP at 1650. React don’t predict.

kizzillionaire

Looking at 1750 again

kizzillionaire

This a respected zone/price point in the past

kizzillionaire

Here we have a clear fib retracement from 1680 on the weekly timeframe. Price has been heading towards 1800 for the last 2 weeks. I expect this to play out this week.