fibonacci6180

Fibo downtrend 0.236 line is strong resistance. If go up, will meet 1551/61.80% of down wave. Next target is 1661/161.80%

Will be OK once over 308/61.80%

Nicely bounced up from supporting of Fibonacci fan line.

Fibo Fan is very important function to analyze stock movement. Looks established reverse sling shot patter. Watching point is this price have to go over 0.236 skewed line. If not, just be careful...

1st and 2nd up wave formed and now seek where will be the bottom of 3rd wave. Looks 9759~9769 zone can be possible because doubled support zone. Good Luck!

Looks hopeless..

Looks hit the bottom and will be likely to jump up. S&P 500 3017 level is 61.80% of 2-3 wave. This means heavy resistance level. But if go through up, S&P will go high to next level.

Before such top, 230 level is powerful resistance level.

And next resistance is 9769/61.80% And 8292 has doubled support. It means hard to fall below. Looks down trend. But no body know this will go up! Now I am watching when 3 white soldiers(3 uptrend waves) in 15 min chart base will come up.

Now BTCUSD is progressing to create 1-2-3 down wave forms. Now created 1-2 down waves. So even good bounce from 9112, this BTCUSD will drop more to touch 8312 which is marked "3". If failed at "3" point, this will go down to 6688, marked "4" But reverse bounce will happen anytime, and now I am watching three up waves in 15 min chart. Three up waves give us a...

9112 is 61.80% level of 2nd-3rd upwave and formed kind of double bottom.

Formed 3 downed waves. But finished over 9400*161.80%) is a great sign to go up.

Check any resistance and supports using Fibonacci. 8316 is main resistance level.

Established sling shot fibonacci pattern. Sell stop points are 1) upward 0.236 fan line or 2) 60.70/61.80%

This day trading set up will help where are supports and resistances level on this 15 min chart.