Hello,
I see a similar “lobbing over” fractal on a smaller time frame in our recent history.
In the previous example, we took a small bounce off of the .50 Fib level, before continuing on down to the .618.
In this current situation, we have also picked up some support on the .50 fib retracement level. I am interested to see if history will repeat itself with a move down to the 120’s?
For reference, I took the bars pattern from before, and stretched it out to fit the current. It fits the S&R vectors fairly well as well.
Good Luck, Godspeed, Love & Light!
I see a similar “lobbing over” fractal on a smaller time frame in our recent history.
In the previous example, we took a small bounce off of the .50 Fib level, before continuing on down to the .618.
In this current situation, we have also picked up some support on the .50 fib retracement level. I am interested to see if history will repeat itself with a move down to the 120’s?
For reference, I took the bars pattern from before, and stretched it out to fit the current. It fits the S&R vectors fairly well as well.
Good Luck, Godspeed, Love & Light!
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.