Lion's Lines Sometimes Rhymes With Signs
The Gann fan shows we are exactly inside a uptrend channel. The $442 low was right on the edge of the channel drawn using the $339 low of April and $683 high of June. We also stopped with $534 exactly to go higher at the 0.61 Fibonacci retracment using these price points.
I think we are going to test $450 as bottom first - again, but after that we are going to rally up.
I think we are going to test $450 as bottom first - again, but after that we are going to rally up.
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.