simply showing the power of Fibonacci
we had seen a Bullish Divergence and Hidden Bullish Divergence on MACD and by the confluences of 4 Fibonacci tools (Retracement, Extension, Projection, Time Zones) in an ascending Chanel...
So we are
Speculating...$$$
A TP Zone Starting from 39.43$ to 41.16$
a Safe and Sure TP can be 39.43$
It is a Swing Trade and it...
price is in a bearish wedge and if it breaks the top we can target 1867
we have bearish divergence with MACD which can be the sign of trend reversal or some retracement down to 784
what do you think?
Bullish or bearish?
Traders,
The five-wave sub-minuette impulsive pattern is coming to an end, paving the way for the larger minute degree, 5-wave sequence to start its 4th corrective wave structure.
When subdividing wave 3. into five smaller degree waves, we see that its concluding 5th-wave can be seen unfolding into a contracting/ending diagonal pattern, composed of five internal...
