I worked on the 15 min to trace out the fib resistance arcs, and retracement levels.
This ascending channel has a strong potential of breakout after a healthy retest as shown below.
Those ascending arcs I have drawn all follow the breakout points on the resistance arcs, and it has been following them quite well now.
I haven't put them here because it's a chaotic mess, instead I just traced out the arcs for you.
RSI seems to be agreeing with me here, and let's hope I am right.
This ascending channel has a strong potential of breakout after a healthy retest as shown below.
Those ascending arcs I have drawn all follow the breakout points on the resistance arcs, and it has been following them quite well now.
I haven't put them here because it's a chaotic mess, instead I just traced out the arcs for you.
RSI seems to be agreeing with me here, and let's hope I am right.
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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.