In the grand picture of the 4 hr timeframe and beyond, everything SEEMS well on track to a FULL (x2) RESET. How much lower? My guess is as good as yours. But this is how i see it will pan out.
** For educational/entertainment purposes only.
** For educational/entertainment purposes only.
Komentarz:
Ignore previous chart.
Funny how 0.5 turns out to be the same level as the double top and the recent HnS.
0.5 or 8000ish should gives us a good support for now.
Funny how 0.5 turns out to be the same level as the double top and the recent HnS.
0.5 or 8000ish should gives us a good support for now.
Komentarz:
Komentarz:
Next stop:
0.65 Golden Pocket of the Double top 'M'
Coincidentally coinciding with 0.786 of the HnS.
We haven't finished correcting yet.
Next stop:
0.65 Golden Pocket of the Double top 'M'
Coincidentally coinciding with 0.786 of the HnS.
We haven't finished correcting yet.
Komentarz:
I mean it. Down.
Komentarz:
Komentarz:
We go down to 1.618 from the double top. 5k-ish. When?
We go down to 1.618 from the double top. 5k-ish. When?
I updated my charts to include the Fibonacci retracements. 1.618 is the support which I always hope for a bounce. We have the hit the first HnS 1.618 retracement at slightly above 7915. My guess the next support will be at 7766.