Beginner trader- This is a Redo-Analysis of my last chart -
I changed some things to make them more noticeable. What I've notice is that...
1 the market is about to reach the down trend level
2 that trend lvl is also a strong fib level ( .236 )
3 if the market respects that those levels and goes down then I feel that it will complete a head and shoulder.
And eventually break though the green support and resistance lvl
4 this is also on a higher day time frame(I think a lot of people will see the same things)
Will there be a strong move downward?.. Y/N
Soo... can someone help me out here, did you guys get the same things?
1 the market is about to reach the down trend level
2 that trend lvl is also a strong fib level ( .236 )
3 if the market respects that those levels and goes down then I feel that it will complete a head and shoulder.
And eventually break though the green support and resistance lvl
4 this is also on a higher day time frame(I think a lot of people will see the same things)
Will there be a strong move downward?.. Y/N
Soo... can someone help me out here, did you guys get the same things?