Important notes:
1. Every UP Fibo retracement gets to -0.618 after 0.5-0.618 (correction)
2. The same to correction Fibo retracement
3. UP Fibo retracements 1.618 level matches on the trend line (blue) - 4 times already
4. 1. 1-2-3-4-5 Elliotts Waves UP - DONE + 3 FIbo 0.5-0.618 DONE
5. 2. A-B-C-D-E CORRECTION ELLOITTS WAVES DOWN - DONE
6. After *1-*2 should see uptrend 1-5 Ell.Waves
Summary:
There two short term targets $0.95 and 0.105 that should be reclaimed before the main bull run. We have all the opportunities for that.
1. Every UP Fibo retracement gets to -0.618 after 0.5-0.618 (correction)
2. The same to correction Fibo retracement
3. UP Fibo retracements 1.618 level matches on the trend line (blue) - 4 times already
4. 1. 1-2-3-4-5 Elliotts Waves UP - DONE + 3 FIbo 0.5-0.618 DONE
5. 2. A-B-C-D-E CORRECTION ELLOITTS WAVES DOWN - DONE
6. After *1-*2 should see uptrend 1-5 Ell.Waves
Summary:
There two short term targets $0.95 and 0.105 that should be reclaimed before the main bull run. We have all the opportunities for that.
Trade active
Targets $0.95 and 0.105 are based on regular and trend Fibo retracements (90% success rate)Trade closed: target reached
7. RED downtrend has been broken and retested8. Blue support line is valid
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.
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.