MCO looks set for a new high playing nicely so far !!!
Is Mco is looking set for a new High ?
StochRSI is strong on both the 12 and 6hr time frames and getting a solid amount of volume come in...
So far it has tagged important Fibonacci extension points that can be predicted from the high of wave 1 both on the solid candle of the previous high of wave 3 of the 5 wave set in relation to Elliot wave theory and also the wick on that same candle tagged the next extension point in relation to Fibonacci so putting all the pieces of this together along with the amount of volume that is coming in on the exchanges to looks like we are able to call the top of wave 5 at around the area of the next extension point at 0.005090660
StochRSI is strong on both the 12 and 6hr time frames and getting a solid amount of volume come in...
So far it has tagged important Fibonacci extension points that can be predicted from the high of wave 1 both on the solid candle of the previous high of wave 3 of the 5 wave set in relation to Elliot wave theory and also the wick on that same candle tagged the next extension point in relation to Fibonacci so putting all the pieces of this together along with the amount of volume that is coming in on the exchanges to looks like we are able to call the top of wave 5 at around the area of the next extension point at 0.005090660
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.