Long
LUNAUSD fibonacci retracement
If this last couple days was the 3-4 of a 12345 elliott wave, then the retracement is occurring very close to fibonacci levels, as illustrated between the .236 and .382 levels. I drew the retracement as the 3-4 corrective leg of the 1234 of 5. Since this is price discovery I have sells of my longs at the various fibonacci levels up to .786.
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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.