Whats so nice about it? PA is about to break a long downtrend and has already triggered major 0.236 for reversal. A rally up to 0.382 shouldnt be a biggie. If that gets flipped, 0.618-0.886 is next on the menu.
On a local view: 0.886 major @ 0.04715 has to hold. Thats the invalidation for the whole setup. Since PA reversed on 0.704 already that could've been the retrace already. Ideally the uptrend channel doesnt get violated. If so, 0.886 and above is the ideal buy in / add to position
And on an even more l´ocal view we can see that PA triggered 2.618 @ 0.1369 and went back down to 0.382 level, this yields the possibility for an sharp strong move up to 4.236 or even 8.236 straight shot.
Playing this level by level tho, its important to flip 1.272 @ 0.20028 next for contiuation.
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If you like my content, if it helps you gain profit, give it a like!
Thanks!
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Hold my beer pls
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No financial advice, do your own research, don't be stupid
On a local view: 0.886 major @ 0.04715 has to hold. Thats the invalidation for the whole setup. Since PA reversed on 0.704 already that could've been the retrace already. Ideally the uptrend channel doesnt get violated. If so, 0.886 and above is the ideal buy in / add to position
And on an even more l´ocal view we can see that PA triggered 2.618 @ 0.1369 and went back down to 0.382 level, this yields the possibility for an sharp strong move up to 4.236 or even 8.236 straight shot.
Playing this level by level tho, its important to flip 1.272 @ 0.20028 next for contiuation.
---
If you like my content, if it helps you gain profit, give it a like!
Thanks!
---
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Trade active:
A bit below 0.886 but hey, its about to surpass the downtrend, lfg!
Trade active:
En route to crazyness!
8.236 or 16.236? Lets see if it retraces back to 0.382 or holds above 8.236
8.236 or 16.236? Lets see if it retraces back to 0.382 or holds above 8.236
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