Fibs, Fractals and Wedges
Hey there Tradingview community, thought I'd draw out what the Fibs, Fractals and Wedges tell me is to happen. As I have drawn the fractals as they have formed previously from the peak till the middle of the trend with the bearflag. The same I have drawn with the bigger wedges, the largest, falling, the one smaller connected to the right of it, rising. Thus a 50% rally is on the cards after which we have capitulation to the 11k zone. After that we will finally begin climbing to higher highs and a new ATH.
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