On the RDFN shows the trend up after a massive earnings beat and then the fade down into this past week. Price is presently situated at the 0.5 Fib level of the retracement of that trend up. Time is presently at the 0.38 Fib time zone extending from the trend up. The dual TF RSI shows the lines jumping over the 50 level in the past couple of days. The ADX...
Not much to do with this trade. Have been tracking when risk on would take profit and with SP topping near ATH's and with FED hinting less rate cuts than expected I am ready to sell. The 3 Slopes I Marked have been broken by the big red candle forming the lower LOW and breaking the 21 ema. Not much else to do with this trade. I fib'd the move and the...
Hello friends, traders, everyone. In our last analysis we attempted to get a better handle on this, and Fibonacci helped us figure this one out. Fortunately for the bulls, GOLD has apparently been waiting for an opportunity, because that breakout was violent! Overall, I am happy with the way the last trade played out, bulls should take some profits here as we...
Using the 78%, 61% and "50"% fib retracement tool on the beginning of the uptrend, and following with the trend fib extension on the same points, I am attempting to gain 1200 sats/coin. After, I will sell all my coins, and do the exact same thing after the dip, for as long as the uptrend shows to continue.