ES1! - Macro - Medium to Long Term
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Bias 0.75 Fib Fan is a support and a resistance. All the lines in Grey, are interesting but the lines in color (colour) have significance to current time frames and price action.
Fib fan drawn from past Monday 8 Feb 2016 to 18 Feb 2020. Low 1802.50 to high 3397.5 18 Feb. 0.75 Speed Fan seems to have been a support.
Update to come. Confluence with Fib Fan drawn on recent low and high. Possible Shark Harmonic on play.
Having trouble with the detail. Rough sketch for now.
Fib fan drawn from past Monday 8 Feb 2016 to 18 Feb 2020. Low 1802.50 to high 3397.5 18 Feb. 0.75 Speed Fan seems to have been a support.
Update to come. Confluence with Fib Fan drawn on recent low and high. Possible Shark Harmonic on play.
Having trouble with the detail. Rough sketch for now.
Nota
3,965 key level approaching, Key level for uptrend continuation to 0.618. 3,965 speculating a monthly support level as well.
Penafian
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