Publishing this on the 1hr to show more detail and for my future reference more than others.
But if you find this helpful or have questions, leave a comment below.
Used Fibonacci analysis aligned with price action to apply Fib levels, Fib channels and Fib circles to this chart.
This chart is busy but zoom in as needed for the details; as well, zoom out for the big picture.
But if you find this helpful or have questions, leave a comment below.
Used Fibonacci analysis aligned with price action to apply Fib levels, Fib channels and Fib circles to this chart.
This chart is busy but zoom in as needed for the details; as well, zoom out for the big picture.
Nota
1/31/22 Strong price action to the upside.2/1/22 Reviewed the trendlines and fib levels and see we have two (2) powerful patterns in play: Cypher pattern embedded within a Head & Shoulders. Expecting a short-term $13 move and finish the patterns with a $23 move. Posting for future reference.
DYOR and not financial advice. Enjoy every sandwich.
Nota
Price up about $2 since my first post. Retraced to circle and expecting a 1.618% extension from the base.Nota
Still trending up the circle; the trend is my friend. If price falls out the bottom of the cirlce, may be a good time to take some profit as a 61.8% retrace may be in the cards.Trade chiuso: stop raggiunto
Fell out of expected pattern; I'm out.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.