A tired WILD has pulled back to the intersection of two key levels: the .618 fib and a major trendline support. If volume shows evidence of price acceptance above support, a strong push upward may ensue. Invalidation at clean break below .618 fib.
Note
Monitoring daily close in relation to key levels.Note
Setup still valid.Note
Moving within the .618 and .66 fib levels. Break below .66 and lower lows are in the scope.Note
PUMP
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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.