Cant imaging this one is still around. So a quick look at its 3 years of decline
Clearly doing a 3-3-5 and having hit 4.236 and 1.618 on the intermediate where a bounce would be expected.
This bounce or new impulse could lead all the way up to major 0.618 - or - almost 43x
Losing intermediate 1.618 will most likely trigger 8.236 / 2.168 conflunce way down.
Still a pretty decent R:R
Hold my beer pls
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No financial advice, do your own research, don't be stupid
Clearly doing a 3-3-5 and having hit 4.236 and 1.618 on the intermediate where a bounce would be expected.
This bounce or new impulse could lead all the way up to major 0.618 - or - almost 43x
Losing intermediate 1.618 will most likely trigger 8.236 / 2.168 conflunce way down.
Still a pretty decent R:R
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
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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.
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.