So difficult to annotate. Takes some understanding of using the Fib retracement tool and parallel channel but happy to answer any questions.
I still think we havent played out Wave 3. Seems there's a range and within the range profits to be taken. So pose the question, why not take advantage of that.
Channel is the range,, however I do think that we will break below the channel at some point. Some may call it fake out.
My attempt to reason with Fibs. 0.618 and 1.0 is awesome. Play play play.. and never give up .. so much fun
I still think we havent played out Wave 3. Seems there's a range and within the range profits to be taken. So pose the question, why not take advantage of that.
Channel is the range,, however I do think that we will break below the channel at some point. Some may call it fake out.
My attempt to reason with Fibs. 0.618 and 1.0 is awesome. Play play play.. and never give up .. so much fun
Trade active
Is it buy high sell low?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.