...we can see all the many branches below us that we used as footholds to get to where we are now.
-important fib retracement levels from ATH and 11.7 high
-EMAs
-local S/R lines
Zoom out if you're not sure where a line is coming from.
Take from this chart what you will, even if it's just showing you a trend line or two that you hadn't seen before.
Happy Trading!
Measure twice, cut once.
May all of life's treasures be yours.
I appreciate all your interaction and feedback here. Thanks for all the comments and likes, and thanks for following.
-important fib retracement levels from ATH and 11.7 high
-EMAs
-local S/R lines
Zoom out if you're not sure where a line is coming from.
Take from this chart what you will, even if it's just showing you a trend line or two that you hadn't seen before.
Happy Trading!
Measure twice, cut once.
May all of life's treasures be yours.
I appreciate all your interaction and feedback here. Thanks for all the comments and likes, and thanks for following.
Comment:
Disregard what I said about the log line at 8.6...hope I didn't confuse anyone. I was looking at one of my log lines on the linear chart. I have color coded lines now and will update targets in a new idea soon.
We are now forming a triangle between the descending yellow line and the ascending light blue and purple lines. The descending log line (not on this published chart) from ATH also intersects with 8600 currently on the timeline, so that would be a great place for a bounce and double bottom.