So this is a pennant and as we get closer to the tip the price is still oscillating between the support and resistance, there is a still lack of volume and people are still speculating.
As the price breaks the support/resistance line, they respectively become the resistance/support line - is that correct?
Anddd how do you calculate target priced based on fibonacci?
Thanks to anyone that will reply to helping a newbie!
Is this correct? Can anyone point me in the right direction?
As the price breaks the support/resistance line, they respectively become the resistance/support line - is that correct?
Anddd how do you calculate target priced based on fibonacci?
Thanks to anyone that will reply to helping a newbie!
Is this correct? Can anyone point me in the right direction?
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.