Shown here is a single Fib series in three different timeframes.
The "Genesis Sequence" has caught all major turns since 2015.
First fib above the Golden Genesis is likely to get a reaction.
It is PROBABLE that we "orbit" this fib a few times.
It is POSSIBLE that we Break-and-Retest to continue.
It is PLAUSIBLE that we Reject for a significant Top.
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Previous Plots below
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$75k Long entry:
$105k Top call
$85.3k Break entry:
=======================================================
.
The "Genesis Sequence" has caught all major turns since 2015.
First fib above the Golden Genesis is likely to get a reaction.
It is PROBABLE that we "orbit" this fib a few times.
It is POSSIBLE that we Break-and-Retest to continue.
It is PLAUSIBLE that we Reject for a significant Top.
=======================================================
Previous Plots below
=======================================================
$75k Long entry:
$105k Top call
$85.3k Break entry:
=======================================================
.
Trade active
PINGas in "Give me a ping Vasily, One Ping Only".
And my rule:
"Not all Pings start a Reversal, but
Most reversals Start with a Ping".
We should see a dip here, perhaps local top for the week.
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Trade closed: target reached
We have a BREACHAfter several attempts, Bulls have broken ABOVE the fib.
The PING (exact hit) has been seen by the WHOLE WORLD.
.
Zoom in (m1) for a closer look:
We have a Ping from the top side as well now.
It was pierced shortly after, so not a strong bull.
But a bull sign nonetheless, just getting above.
.
Now we are likely to "Orbit" this a few times.
But overall it looks quite bullish right now.
I will post a new Idea when targets appear.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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.