ASX.Z1P high vol breakout confirm 1-2-3 reversal
1. the two fib retracement from pre-ATH and current ATH were all 0.618
2. current ATH is Fib Ext at 1 from pre-Fib Retrace
3. so, assuming next ATH will also be Fib Ext 1 from current Fib Retrace 0.618, then it will 19.8
4. classic 1-2-3 reversal from bottom was confirmed with a high vol breakout over neck line.
2. current ATH is Fib Ext at 1 from pre-Fib Retrace
3. so, assuming next ATH will also be Fib Ext 1 from current Fib Retrace 0.618, then it will 19.8
4. classic 1-2-3 reversal from bottom was confirmed with a high vol breakout over neck line.
Commentaire:
As of today's price action, trend looks all good.
Commentaire:
a bit of retrace back to previous neck line.