ETH about to bounce from 180-190 area?

Обновлено
Just a quick look at Fibs pointing to a bounce due for ETH
Заметка
Big picture perspective, showing the fib extensions I am using.
Заметка
снимок
Заметка
Well, here we are at the top of my guess for a support zone. Bounce a bit off the very top boundary, would be nice if that was the low, lets see. снимок
Заметка
I min chart lol. Jambed SL and slightly better than BE. Now we need to break that -.236 extension to prove this not a dead-cat bounce снимок
Заметка
Trade still alive, attempting to break that pesky -.236 extesion. SL moved to just below the next fib. снимок
Заметка
Argh, was not able to break above the .236 EXTENSION before falling back the 1.0. so I have moved SL to just below the .236 RETRACE price, because I think this bounce will fail снимок
Заметка
Wow, nice bounce. but might be ready to pullback.
I closed 30% of position at the -3.236 extension (common end of an impulse).
Have remaining 70% with SL just below the -1.618 extension (common retrace).
Now to gauge the retrace, am looking for an ABC structure, will update here soon.
снимок
Заметка
ABC correction has started and seems to be following the rules.
I am hoping the 1.618 extension, $200 price, and Wave 4 start zone holds снимок
Заметка
ABC retrace following the rules снимок
Заметка
Possible path to 220 next снимок
FibonacciSupply and DemandWave Analysis

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Отказ от ответственности