NASDAQ100/ USTECH/ US100

3 dic 2020

PROBABILITY 1 [HOURLY TIMEFRAME] - PRICE GAVE US AN IMPULSE AS SHOWN BY THE GREEN ARROW . A PULLBACK AFTER THE IMPULSE CAME TO REST IN BETWEEN THE FIBONACI RATIOS O.382 AND 0.5 WHICH IS A STRONG REJECTION ZONE ALSO KNOWN AS THE GOLDEN ZONE. FOR TURN AROUND POINTS WE WILL USE THE THE FIB EXTENSIONS -0.27 AND -0.618 AS THESE ARE NEW HIGHS WE DO NOT HAVE REFERENCE TO OUR LEFT . WE EXEPECT THE PRICE TO MOVE UP AS ILLUSTRATED BY THE ARROWS AND PROJECTED BY THE YELLOW BARS PATTERN.