thegannreport

61.8% & 50% retracement while respecting the arc.

Long
NYSE:BAC   Bank of America
Firstly, I look for a good retracement level, either 50% or 61.8%, then I draw the arc to see if price respects it, then I look for pins or double bottoms, triple bottoms or head and shoulders.
Disclaimer

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.