We have had a 2618 happen which was my initial reason for entry. this also tied with a possible completion of a abcd pattern at previous highs which gives us the 1.618 fib extension at a monthly key level.
When I was looking at the Daily time frame we have had our impulse leg down, 50% fib and also a strong 618 retracement from the recent push upwards. All of this again gives further confluence with the 886 level right at the previous daily highs and Key level
When I was looking at the Daily time frame we have had our impulse leg down, 50% fib and also a strong 618 retracement from the recent push upwards. All of this again gives further confluence with the 886 level right at the previous daily highs and Key level
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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.