Opinion only.
Looking for a strong reversal very very soon here.
Transaction en cours:
Convergence of regular Fibonacci and trend based Fibonacci from multiple different levels = Extreme conviction bullish trade from here.
Transaction en cours:
AI is down 65% since 12/23/20
Transaction en cours:
There she is folks. The next Fibonacci support level of 64.50.
Last one for a ways down, so let's hope this one holds.
Next up would be 53ish..
Last one for a ways down, so let's hope this one holds.
Next up would be 53ish..
Commentaire:
Commentaire:
Area of confluence: Multiple fibonacci retrace levels clustered together when drawn from major high to lows as well as trend-based fibonacci levels from high/low/high.
$65-$60 is the highest area of probability to find support/reversal. (Not guaranteed) just the probabilities.
$65-$60 is the highest area of probability to find support/reversal. (Not guaranteed) just the probabilities.
Commentaire:
Positive divergence when new low was made off of the fibonacci level. :)