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.Dagangan ditutup: hentian tercapai
Fell out of expected pattern; I'm out.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.