silver ratio retrace
Updated
-1 /-0.8 /-0.2 / 0 / .2 / .5 / .8 / 1 / 1.4142 / 1.5 / 1.8 / 2 chart
fibonacci sequence overrated since everyone offsets to compensate anyway, including automated orders
this is pessimistic. optimistic trend is that once london open happens this morning, it'll fall to 17k~, then the next evening blow past 20k
fibonacci sequence overrated since everyone offsets to compensate anyway, including automated orders
this is pessimistic. optimistic trend is that once london open happens this morning, it'll fall to 17k~, then the next evening blow past 20k
Note
interesting. big rally. its staying more on 19k than I expected, but I should have assumed banks would be really adamant about keeping it higher considering they lose money now if it goes lower..Note
so this was incorrect, to a degree. I need to figure out exactly what constitutes a trend line (channel or whatever) to follow- how many sideways candles justifies a no-nudged status. i think one must also factor in volume by default, since many candles got hit more than others, but a previous cycle of less sells maybe still be brokers/others going long(er)
Trade closed: stop reached
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