This is my first time doing technical analysis. The notes explain my thinking (read them from left to right).
I'd love to hear some feedback, whether you agree or disagree, and to hear your predictions as well. Thanks for your time!
*My bad if I didn't format this right, this is my first time posting here as well*
I'd love to hear some feedback, whether you agree or disagree, and to hear your predictions as well. Thanks for your time!
*My bad if I didn't format this right, this is my first time posting here as well*
Note
Just wanna correct a few minor errors I've made:I realized you can edit the Fib's price levels after you draw it, to make them match up exactly with the highs/lows of the days they correspond to. So my updated price targets are as follows:
Fib Retracement 1 Target: $15.00
Fib Retracement 2 Target: $69.22
Fib Retracement 3 Target: $214.07
Trend-Based Fib Extension 1 Target: $72.01
Trend-Based Fib Extension 2 was drawn exactly as it should have been
So the notes are only a few cents off, but I thought I should update once I noticed it.
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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.