I post charts for my own future-proofing to avoid confirmation bias DYOR
When looking at z1p major trends with FIB there have been 2 times when it has retracted back to .618
tradingview.com/x/ryQ4Vd9w//
Here we stand currently...

The goal is accumulation, buy low sell high...
Bulls Play

Bears play the Bulltrap

All Ord trends

When looking at z1p major trends with FIB there have been 2 times when it has retracted back to .618
- 2018 - 1.35 down to .75c forming a cup that eventually peaked at 5.77
- 2019-2020 - peak of 5.77 down to 1.05 rising to a top of 14.53
tradingview.com/x/ryQ4Vd9w//
Here we stand currently...
The goal is accumulation, buy low sell high...
Bulls Play
Bears play the Bulltrap
All Ord trends
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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.