I know everyone loves their Fib extensions.
Based off of the first swing low to my experience.
Back in 2011 after it's ATH crash from $32-$1(Even lower than this specific chart tbh. Was more like 10¢-1¢)
But I'm just a guy on the internet, and your opinion shouldn't be swayed by what anyone says unless you came to that conclusion yourself.
After collecting different perspectives/indicator data to give you more confidence in your decision.
Have a great day. I hope all your investments 100x and all your trades are profitable.
FYI: For me personally, so I don't rely on a single line in a chart as reference, I always clone my drawing/lines twice.
Placing one above and one below respectively. Giving me a zone of price action. Always give yourself a margin for error/slippage. Makes everything easier and less surprising for yourself.
Based off of the first swing low to my experience.
Back in 2011 after it's ATH crash from $32-$1(Even lower than this specific chart tbh. Was more like 10¢-1¢)
But I'm just a guy on the internet, and your opinion shouldn't be swayed by what anyone says unless you came to that conclusion yourself.
After collecting different perspectives/indicator data to give you more confidence in your decision.
Have a great day. I hope all your investments 100x and all your trades are profitable.
FYI: For me personally, so I don't rely on a single line in a chart as reference, I always clone my drawing/lines twice.
Placing one above and one below respectively. Giving me a zone of price action. Always give yourself a margin for error/slippage. Makes everything easier and less surprising for yourself.
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For a closer look at the levels.Daily:
4Hr:
1Hr:
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Something else that I currently see. 4Hr:
1Hr:
Closer on the 1Hr:
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Minor Adjustments on the left side of my triangle. Nothing important but it kinda bothered me.Nota
How it looks on a daily chart because:>"B-but the macro"
I get it Macro beats Micro. But the Macro is a compounding of Micro patterns. So it precedes the Macro.
It just takes time, repetition, and bullish supporting investors to have it play out till the end.
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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.