Technical Analysis 1. Large Pennant / Falling Wedge Pattern Broke out and Retraced already 2. Large Head & Shoulders 3. Fibonacci Retracement at 0.618 (Golden Zone) 4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole 5. Full Take Profit at Fibonacci Expansion 1.618 is also at H&S Take Profit (80% of Head Price Range)
Entry: NOT READY Entry Price: 0.620 1st SAFE Partial Take Profit: 0.910 2nd Partial Take Profit: 1.100
EXPECTED Take Profit in November 2021 - July 2022
NOTE THAT MY BIAS ON this would be a good long climb in the coming years. Expecting the market to climb to 1.8++
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.