OXT painted a Picture Perfect 4.236 Impulse wave.
Most common retrace is to the 2.236 extension.
But current ABC structure implies 1.618 retrace.
It is POSSIBLE that retrace is done.
It is LIKELY to see one more leg down.
It is PLAUSIBLE to drop into Accumulation.
$ 0.3059-69 is immediate support, might hold.
$ 0.2865/92 should be Very Strong support.
$ 0.2745/91 could be Re-Accumulation zone.
The "Impulse Cores" are the most focused power zones.
The numerous "Pings" confirm the relevance of each fib.
The birth move implies anther Golden Growth wave possible.
Previous Analysis: (click links below)
25 cent Retrace Map
37 cent Target Map
22 cent Bottom Call
Parabolic Launch Map
Most common retrace is to the 2.236 extension.
But current ABC structure implies 1.618 retrace.
It is POSSIBLE that retrace is done.
It is LIKELY to see one more leg down.
It is PLAUSIBLE to drop into Accumulation.
$ 0.3059-69 is immediate support, might hold.
$ 0.2865/92 should be Very Strong support.
$ 0.2745/91 could be Re-Accumulation zone.
The "Impulse Cores" are the most focused power zones.
The numerous "Pings" confirm the relevance of each fib.
The birth move implies anther Golden Growth wave possible.
Previous Analysis: (click links below)
25 cent Retrace Map
37 cent Target Map
22 cent Bottom Call
Parabolic Launch Map
Note
Leg down Imminent?Currently at risk of the "Decent Support" becoming "Resistasnce"
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Zoom IN (5 min) for a closer look at that zone
Currently looking like Bears have this line.
Bulls need to pop above asap, or risk this becoming a strong resistance.
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Note
Progress in the OXT WayAnother spike up, smacked into the Impulse Core from last drop
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Note
Wave C target HitWell almost anyway
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.