This is a weekly chart
Parabolic arcs are long term patterns but lose 50 to 62% in correction mode..Of course more or less can happen..sometimes, the security will be volatile for a period of time after hitting it's plateau..
Just an observation
Parabolic arcs are long term patterns but lose 50 to 62% in correction mode..Of course more or less can happen..sometimes, the security will be volatile for a period of time after hitting it's plateau..
Just an observation
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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.