Possible Bullish Gartley Harmonic compared to monthly chart on right. Fib 0.382 and 0.618 mid point nicely aligned. Monthly time frame, not a one-to-one with left chart. Levels are roughly aligned with Harmonic pattern. Non technical. Time frame support/resistance levels not included. Time based Fib drawn from XABCD - point A to B to B. You have to draw 3 points. 1st from A. 2nd to Gartley B. 3rd to Gartley B. I personally am not keen on Time based Fib, yet to find decent confluence, but I think its a lack of understanding and education. I need to learn more.
If you have any questions or suggestions, please feel free to comment. Thank you.
If you have any questions or suggestions, please feel free to comment. Thank you.
Comment:
Note: Nice bounce of previous week Value Area Low. pwVal (21,955). Previous week value area high. pwVah (23,415) and nPoc 23,325.
Comment:
:p
Comment:
CC 0.618 and daily open align. I thinking a retest before a probable upside.
Comment:
21,800 will be historical!