This does have the 1.272 fib ext on the last two legs,
so, it has some harmonics, albeit, not the best looking symmetry.
Just one more minor low would complete the c of the a-b-c
to the bottom.
What is best about this potential is it would be an entry right
on the line of previous support that was resistance.
Small risk is also a big plus !!!
so, it has some harmonics, albeit, not the best looking symmetry.
Just one more minor low would complete the c of the a-b-c
to the bottom.
What is best about this potential is it would be an entry right
on the line of previous support that was resistance.
Small risk is also a big plus !!!
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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.
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.