this is a possible bullish case scenario.
first thing I did was to plot a downward trendline on the 4 hour chart. i then noticed that price broke the downward trend, indicating a possible bullish movement.
i then plotted a fib on 1Hr to get potential targets on the retracement from 24 September 17:00 till 25 September 11:00am. and i notice the the 300% fib lined up with a previously plotted important number on my chart at 3403.06. whic is also the top of a Gap on the SPY chart.
finally i plotted a Gann fan using the ACW Gann fan strategy and noticed that price was broke above the 2/1 line indicating bullish trend. this was just as a final confluence.
first thing I did was to plot a downward trendline on the 4 hour chart. i then noticed that price broke the downward trend, indicating a possible bullish movement.
i then plotted a fib on 1Hr to get potential targets on the retracement from 24 September 17:00 till 25 September 11:00am. and i notice the the 300% fib lined up with a previously plotted important number on my chart at 3403.06. whic is also the top of a Gap on the SPY chart.
finally i plotted a Gann fan using the ACW Gann fan strategy and noticed that price was broke above the 2/1 line indicating bullish trend. this was just as a final confluence.
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.