This is probably the most important value
one should consider in this position...
The nature of algorithmic trading makes
this level very important for a
wave model analysis.
See the charts below...
I checked all latest retraces,
the most common values is 0.5-0.618.
We are almost touching 0.618 of the shortest
fibo grid, and already passed the 0.318 and 0.5
values of two other possible perspectives' grids.
Confirming that the possible bottom is,
possibly, closing right now)
Buy this dip) While you still can!
I Feel if there is Santa Claus it will bounce this price right now...
Beutifull bullish pattern is closing and either we will finally see
the confirmation pump of the year or play one more dead cat 'till Jan 2020...
1. feel like a buyer around this correction dance.
2. And RSI on 30m is finally oversold and rocketing up. Bulls may give
at least one good fight...
