Hello guys, I'm back again with mid to long term charts. Looks like my previous take is not going to happen at least on that time.
I will try to chart one positive and another negative so I have a better change to improve my time fib skill. Consider these charts experimental or just a draft as this is a WIP.
I took the target by crossing a fib circle with a time-fib so this has a great chance of failure either on positive or negative scenarios. But it will later serve to improve my skill on those tools.
I will try to chart one positive and another negative so I have a better change to improve my time fib skill. Consider these charts experimental or just a draft as this is a WIP.
I took the target by crossing a fib circle with a time-fib so this has a great chance of failure either on positive or negative scenarios. But it will later serve to improve my skill on those tools.
Comment:
Market hit the 0.786 from inside getting some resistence as expected
Comment:
This idea is still completely valid, provided we got past the circle resistence show on the posted negative scenario idea, 7.3k more or less. That is the key "water division" between bullish and bearish for next months.
Comment:
Our negative scenario got invalidated, another negative can show up anytime but for now I stick with this positive one. I have now two intermediate targets at 12k and 13.2k:
Comment:
We got a perfect hit into our 12k target, despite not in time. Market did retest the 1.0 circle fib, so it may just go or acc a bit more around the 1.0 circle. ATH and also 50k still possible from here
Trade closed: target reached:
50k target reached but market should hit the 1.618 circle fib for final target
