This one is less abstract and more self explanatory. Things get a little crazy when you involve Fib Circles and try to chart time and price
The Color of the Text goes with the Color of the Support lines drawn. The lines are the "High/Low" of the range. The 9.4K bounce already happened, and we rejected from 11k.
I'm about 75% sure we'll hit below 10k this week
65% sure we're below 9k in 2 weeks at most
Not sure if we'll get down to the 7.5k range, I'd lean towards yes, 55% chance. But that's going to be the buy of the year.
For those unfamiliar Tenkan/Kijun are support lines of the Ichimoku cloud.
I'll consider myself wrong if we're at 11.3k before 9k
If you're a fan of this kind of charting check out my other work/setups and follow/like/leave a comment
The Color of the Text goes with the Color of the Support lines drawn. The lines are the "High/Low" of the range. The 9.4K bounce already happened, and we rejected from 11k.
I'm about 75% sure we'll hit below 10k this week
65% sure we're below 9k in 2 weeks at most
Not sure if we'll get down to the 7.5k range, I'd lean towards yes, 55% chance. But that's going to be the buy of the year.
For those unfamiliar Tenkan/Kijun are support lines of the Ichimoku cloud.
I'll consider myself wrong if we're at 11.3k before 9k
If you're a fan of this kind of charting check out my other work/setups and follow/like/leave a comment