Bone Short to .87-.92c Oversold ABC correction
Not financial advice.
Explained on chart .
Pretty simple we are oversold on RSI and it's time for a pullback
As you can see from my last idea .80c is the key number to hold long term to get a first target of 2.39 applying fib extension.
That move won't happen overnight so these mini corrections in between is what we need.
Saying that I'd like to rebuy between .87-.92c and see if we can consolidate there to take out main resistance at 1.20 over time.
Again for the total chart we need to hold.80c to eventually have a target in the 3.20-3.50 range
Practice Patience
#PIK
Patience is Key
#TLAW
Think Like A Whale
Explained on chart .
Pretty simple we are oversold on RSI and it's time for a pullback
As you can see from my last idea .80c is the key number to hold long term to get a first target of 2.39 applying fib extension.
That move won't happen overnight so these mini corrections in between is what we need.
Saying that I'd like to rebuy between .87-.92c and see if we can consolidate there to take out main resistance at 1.20 over time.
Again for the total chart we need to hold.80c to eventually have a target in the 3.20-3.50 range
Practice Patience
#PIK
Patience is Key
#TLAW
Think Like A Whale
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.