Specific pattern from 2016 which can be applied to current case.
Comment:
My assumption regarding the Fibonacci spiral is that once the price crosses above the curve - at that certain point in time bulls would overtake the market.
Trade active:
Impulsive wave isn’t quite over
Trade active:
This scenario is alternative path market can take.
CAN CONTRADICT TO CURRENT IDEA
CAN CONTRADICT TO CURRENT IDEA
Trade active:
Trade active:
Getting closer to general demand levels after which a pullback should play out.
Comment:
Trade closed: target reached