XQ8

XQ8

The fibonaci sequence height of the falling wedge down to the lowest point of the bear cycle, shows that the 0.618 fib is the same as the hightest point before the last run up, so it act as an important resistance.

XQ8

Even tho we had a bear market, other trend analysis were going up.

XQ8

The resistance support starts from the same value area we were at before te last run up of the previous bullrun. The bottom support falling wedge also starts at the same area. It comes down to pricesly what was the lowest buying opportunity. It could be an indication where this market could run up to for it's firt leg up whit the fib retracement to higher the...

XQ8 Updated 

Stick to a plan, if you sell to buy back at a lower point and that lower point doesn't come, than buy back in after the conformation of the next run up, so you don't lose out on that run.

XQ8

+ whit a view fib retracement into the future as an example. In the historical data some fib sequences have been removed, to give a better view on the sequences that where important in the particular Fib retracement.

XQ8 Updated 

I think the Fibs are set perfect. I don't think the channel is perfect yet, because I don't have all the historical data on this chart. They both give clues on where to find the tops and lows in next the Bull run, when more data is avaible. We still have to break out of the mid-long-trend-line and the long-trend-line.