This is a new chart layout the I've been working on called the Pyramid fib.. Interesting how many things line up.. Will there be an uptrend or a down trend through the golden zone? Holla Back!!!
Comment:
As you can see now the now on the 17th Dec we have reached a new bottom. Only 1 of 3 things will happen... Either we will bottom out at $1.50 before moving upward, or we will move back into the consolidation where the golden zone strikes, or we will start a new uptrend... I i had to guess i would say it's going to move back to the consolidation are located in the gold zone area for now... which means now would be a good time to buy, just keep your stop loss at a minimum and your sell limit in the golden zone area on the fib...Thanks for any thumbs up gl