Green weekly candle coming soon but will likely eventually make a lower low in the next 2 months at strong support with 50% retrace of prior consolidation + Decade long support Gann Angle + 100 monthly moving average (I mistakenly wrote 200 on the chart). Popular moving averages that trend parallel to Gann angles typically give those lines some significance.
Bullish Crab setup should give us a sharp .382 bounce here to the prior Gann angle. Looks to be 235 by September. Wouldn't fault anyone for starting a position here.
Bullish Crab setup should give us a sharp .382 bounce here to the prior Gann angle. Looks to be 235 by September. Wouldn't fault anyone for starting a position here.
