the channel thru the fib levels strongly sugest possible bullish activity in long term perspective.
JBSS3 after long bull leg, strugles to keep going up and set up ready a down bear pivot on daily chart. Fib levels are the targets, possible to just lay down in the first one. Stops should be trailed by daily highs after closing the break down the pivot The moving averages are practically facing downwards, and authorize the short side in swing trading risk...
Bull pivot in daily chart OBV is advanced braking up the buy flag targets are the FIB exp close to the 200 ma (white) possible major reversal to seek high prices again
should be .382 and 1.272 and .886 and 1.618 but its showing .886 and 1.272 lets see how this plays out just for fun target around 14, the 1.618 AD wave go bulls
double top in D1 looking at year scale failed rally to draw fib extension near to 10% fall off to next support
selloff rebate fibo sup res sup channel rsi and stoochRSI favor
sup channel sup fib neutral rsi oscilators arent denieying targe last high
Lets see how this plays out, thigh stops, trail when in profit
fib retrc 50% like the previous fall down IC in resistance short til 11.40 to possible rebounce, likely will retrace 11.18
trying to understand the market
Going to bounce around 7.5 then fall again to 5.8 new retest fib retrace % pattern major sup and resistance rising wedge double tops ishimoku clouds weaker resistance point
i just wanna test trading view ideas service The trend can be confirmed suming the ETF fomo, Futures exp 15/08, StocRSI low levels, Shorts above longs, historical bottom, bbans low averg anyway