Max healthy pullback in this analysis <7% from ATH. Max danger if market drops >9.89%. NOT ADVICE DYOR
Construction Details:-
All verticals where Histogram >0 but trending down i.e. light green. All horizontals are previous highs before histogram started trending down. Blue vertical indicates where price subsequently broke through two horizontal supports. Green diagonals oddly both equal roughly same percentage rise.
Construction Details:-
All verticals where Histogram >0 but trending down i.e. light green. All horizontals are previous highs before histogram started trending down. Blue vertical indicates where price subsequently broke through two horizontal supports. Green diagonals oddly both equal roughly same percentage rise.
Note
The above can look confusing. So below is a close up.Caveat: dips not always measured by me from high but from high at vertical or nearest before.
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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.