So here we are, approaching the Golden Fib at $ 5882.82
There are also some other fibs in Confluence in that zone.
This zone must bounce it hard, or bulls are in serious trouble.
Will it hold? Don't know but IF we are to bounce soon, THAT should do it.
Whats below? Will need to measure the move, and project next targets.
What are the odds? imo Very Likely to bounce, plausible it could be bottom.
See my first call for 5882, on Nov 23rd 2019:
There are also some other fibs in Confluence in that zone.
This zone must bounce it hard, or bulls are in serious trouble.
Will it hold? Don't know but IF we are to bounce soon, THAT should do it.
Whats below? Will need to measure the move, and project next targets.
What are the odds? imo Very Likely to bounce, plausible it could be bottom.
See my first call for 5882, on Nov 23rd 2019:
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
But lets see if we actually get past 7450, let alone hold it as support.
.