Just a similarity. Notice the upwards move was pretty much a single, powerful wave which started losing acceleration. This and the Fib level was how I knew something was brewing.
Note
Note
The rejection at an important fib level and gave me the idea that the fractal may begin to unwind in the opposite direction. Also, let's not ignore what's happening in the stock exchange.
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.
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.