putting fib extension levels over a larger fib speed resistance fan. daily TF log.
Next few days GRT will break out of current channel even just laying still sideways. Pressure is on the bears to keep it to the lower half of the current channel. If sellers can't produce strong enough dumps, GRT shoots out the channel to the ceiling of the channel above which is...
ABCD Pattern with 0.382 Fibs and 1.27 past fib high, current probable 1.27 fib high, -0.236 past fib low and probable current -0.236 fib low. Interesting fibs.
Target bottom approx 97.50 target top approx 111.80
Added the Speed Resistance Fan for confluence. Pretty much made up based on High and Low, not sure about this, but it does have confluence against the...
Nicely aligned fib retracement with fib risistance fan. 0.618 and 0.66 nicely aligned with Naked point of Control (nPoc). Possible target high 24.4k. Notice nPocs aligned with Fibs for confluence. Interesting. Thereś a nPoc at 24500, Nice ;) 23,075 is an nPoc just below CC 0.618 currently drawn. Fib fan 0.75 is a good level of support in my opinion should we...
The analysis I make is just an idea not an investment advice. Please manage your risk while trading and please make your investment decisions only by yourself.
