Yesterday's forecast has been accurate so far, but I now expect the market to seek liquidity below 56K.
The point of control (solid red line) in the volume histogram of the blue shaded period aligns with the expected bounce, which was informed by the yellow fractal placed in line with the yellow fib channel.
dashed lines = stop losses
dotted lines = entries/exits
blue line = fib retracement (placed at dashed line)
yellow lines = fib channel
see linked idea for more.
The point of control (solid red line) in the volume histogram of the blue shaded period aligns with the expected bounce, which was informed by the yellow fractal placed in line with the yellow fib channel.
dashed lines = stop losses
dotted lines = entries/exits
blue line = fib retracement (placed at dashed line)
yellow lines = fib channel
see linked idea for more.
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Related publications
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.