Looking macro we see a beautiful setup on the horizon this year.
We saw a100% gain over a 492 day period. Similar macro swing looks to be forming once again.
My thought process was to plot another 492 days out which puts un end of October 2025 for a possible 100% Fibonacci correction with a gain well over 1500%.Even the first take profit is showing a 350%+ return.
I plotted a 1-5 course to highlight the TP zones and a A-E course to finish the plotted path back to 100% Fib. As you can see this is a long shot/long term play.
The risk is worth the reward given its low buy zone price.
Way more upside potential than downside.
As always NFA DYOR...best of luck to us all willing to take this trade.
I will post an update when there is significant movement.
We saw a100% gain over a 492 day period. Similar macro swing looks to be forming once again.
My thought process was to plot another 492 days out which puts un end of October 2025 for a possible 100% Fibonacci correction with a gain well over 1500%.Even the first take profit is showing a 350%+ return.
I plotted a 1-5 course to highlight the TP zones and a A-E course to finish the plotted path back to 100% Fib. As you can see this is a long shot/long term play.
The risk is worth the reward given its low buy zone price.
Way more upside potential than downside.
As always NFA DYOR...best of luck to us all willing to take this trade.
I will post an update when there is significant movement.
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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.