idk
2 diff spirals. one made from 2021 tops, and the other made from this summer's pamp. trendline is just trendline, kinda wonky as trendlines are
but it did break out of the triangle i talked about a couple posts ago, where the timeprice fib called reversal at 1.414, but that was this same 2021 tops spiral, bestfit vs wicks
maybe it's the ptsd, but i'm scared here
some other double bottom pricetime fib confluence too, 1.732 but that's super local (december), and 1.886 (more longterm local aka november). i see 1.732 a lot (square root of 3)
not saying it's a good short, just saying i wouldn't go long til break and retest
obviously resistances break, just trying to show that are many here
2 diff spirals. one made from 2021 tops, and the other made from this summer's pamp. trendline is just trendline, kinda wonky as trendlines are
but it did break out of the triangle i talked about a couple posts ago, where the timeprice fib called reversal at 1.414, but that was this same 2021 tops spiral, bestfit vs wicks
maybe it's the ptsd, but i'm scared here
some other double bottom pricetime fib confluence too, 1.732 but that's super local (december), and 1.886 (more longterm local aka november). i see 1.732 a lot (square root of 3)
not saying it's a good short, just saying i wouldn't go long til break and retest
obviously resistances break, just trying to show that are many here
Comment:
note to self: draw absolute wick limit spirals, and best-fit, on the same chart...precision matters. something i struggle with
www.tradingview.com/chart/rwEl9cRt/
www.tradingview.com/chart/gMY7cm3r/