AMC (November 30th 2021)
I am not following all the short selling drama, just making this idea based on hype trains and what I think I see in the charts, but only what I see in the daily timeframe and trend setup.
This can be very wrong but that's okay, I'm just looking for some fibonacci touchpoints to confirm my current layout but I'll throw away the chart if it ends up bad. I'm very biased to the downside so don't take this chart to heart, as always.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading
I am not following all the short selling drama, just making this idea based on hype trains and what I think I see in the charts, but only what I see in the daily timeframe and trend setup.
This can be very wrong but that's okay, I'm just looking for some fibonacci touchpoints to confirm my current layout but I'll throw away the chart if it ends up bad. I'm very biased to the downside so don't take this chart to heart, as always.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading
