Hi guys,
I want to show the technical landscape that FT price finds itself in. I talk a lot about this fib and that fib, but I hope this clarifies things. As I've said before, above the .236 bull fib, it's bullish. That is the major threshold where new market participants come into the picture, and real volume enters. Down below the .236 bull fib is high-risk, high reward zone. So, consider yourself early to the party.
I want to show the technical landscape that FT price finds itself in. I talk a lot about this fib and that fib, but I hope this clarifies things. As I've said before, above the .236 bull fib, it's bullish. That is the major threshold where new market participants come into the picture, and real volume enters. Down below the .236 bull fib is high-risk, high reward zone. So, consider yourself early to the party.
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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.