This is a follow-up to my Big Picture Idea below.
We have a decent bounce after piercing 100k round
Now approaching a couple of major fibs for resistance.
Rejection from either fib could send us to new lows.
$104,235.02 is a Golden from Covid bottom
$105,451.85 is a SemiMajor Genesis fib
$ 97,769.44 is a minor Genesis and target.
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Big Picture calling for 97.8k:
We have a decent bounce after piercing 100k round
Now approaching a couple of major fibs for resistance.
Rejection from either fib could send us to new lows.
$104,235.02 is a Golden from Covid bottom
$105,451.85 is a SemiMajor Genesis fib
$ 97,769.44 is a minor Genesis and target.
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Big Picture calling for 97.8k:
Operación activa
Primary Target HIT Dashed fib (a golden covid) was PIERCED, so bulls might not be done yet.
So the thick fib (a semi-major Genesis) should be achievable after retrace.
But EITHER of these fibs could finish the bounce and push to new lows, GULP.
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Operación cerrada: objetivo alcanzado
We have a BREAK Bulls were able to break the Genesis fib at 105,451
Currently Sunday night, see if they can HOLD until NY open.
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Closer look:
PERFECT Pings on both fibs, absolutely GORGEOUS
Such EXACT reactions are recorded by all Humans/Algos/Indicators.
That is how fibs get MORE accurate with time and lets us count on them.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.