Idea has been iterated in previous linked ideas.
Double bottom has formed and price is shifting bullish in a "w" shaped formation.
Green fibs between the 3.618-4.618 is long target. Stoploss is below daily channel.
Not financial advice. Do your own DD.
Thanks for reading the idea.
Double bottom has formed and price is shifting bullish in a "w" shaped formation.
Green fibs between the 3.618-4.618 is long target. Stoploss is below daily channel.
Not financial advice. Do your own DD.
Thanks for reading the idea.
Note
here is the 30 minute view. the PA is showing temporary weakness as the price has fallen below the 50 simple moving average shown in the chart above
Note
this is the formation I overlooked and is closer to the central topic of this idea. the chart below is the daily.
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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.