Using fib circles to find top points
A short term top at 1.618 was seen but price pushed through and is heading towards 2.618
I expect due to this 2.618 will be considered a resistance point
The circle is plotted using the strongest bear trend available
A short term top at 1.618 was seen but price pushed through and is heading towards 2.618
I expect due to this 2.618 will be considered a resistance point
The circle is plotted using the strongest bear trend available
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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.