Y1>Y2 = weak downtrend
got power up
CDE = T1<T2
fib @ 1.618
W&R success = reversal up
It is a weak downtrend with no power down. Fibonacci hit up, not hit down.
W&R succeeded. Trend is about the reverse up. With Pattern C at the bottom.
TP @ 31.84
SL @ 8.50
got power up
CDE = T1<T2
fib @ 1.618
W&R success = reversal up
It is a weak downtrend with no power down. Fibonacci hit up, not hit down.
W&R succeeded. Trend is about the reverse up. With Pattern C at the bottom.
TP @ 31.84
SL @ 8.50
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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.