Basic concept "Resistance and Support". Using Fib scale as our resistance and support levels. Things to Note Do not ignore the wicks. Do not ignore the wicks!!!! Left to right - White box is start (bottom left) of support bounce to start (Top Right) of a resistance bounce [*) Fib levels are respected - Clear wick action where price is pushed with...
Its too similar to ignore. From a daily stand point down to the hour. If the timeframe is the same we should be pumping this Friday ( I know where my paycheck is going) Also we should cross the daily Macd today, indicating a swing in trends, further supporting the next big pump. The candles look bigger and we're starting off at a higher price point then last...
Head & Shoulders 📉 Back to back Double Tops 📉 A good bounce off the lower orange trend line to confirm a continued upward trend and to disqualify the reversal Head and Shoulder pattern. Ideal Fall down to the lowest support area and prepare for more blood