Lets keep it simple:
We've got a complete cycle hitting 16.236 fib (orange count)
We've got complete subwaves hitting their targets w3 (4.236) and w5 (8.236)
We've are about to confirm a break of trend
Whats next?
Expecting to test $72-$76 area either directly (1.618 fib) or after dancing the broken trendline upwards (from here 1.272) for a while but not crossing it and ideally dying when reaching 0.618/0.5 fib ($103.7 / $107.13)
Hold my beer pls
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No financial advice, do your own research, don't be stupid
We've got a complete cycle hitting 16.236 fib (orange count)
We've got complete subwaves hitting their targets w3 (4.236) and w5 (8.236)
We've are about to confirm a break of trend
Whats next?
Expecting to test $72-$76 area either directly (1.618 fib) or after dancing the broken trendline upwards (from here 1.272) for a while but not crossing it and ideally dying when reaching 0.618/0.5 fib ($103.7 / $107.13)
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
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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.