So here I'm trying the fibonacci sequences onto the graph of IOTA. I havn't done that much with the fib tools but after some reading I would like to test this Idea of mine.
The red points should be the points to buy. The retracementpoints will be the test whether it will bounce up as a upwards, or a downward trendline.
The elliot inpulse wave hopefully will be the upwards progression if it bounces up from the 61.8 fib line.
Lets see what it does.
**Legal bullcrap**:
This is only my opinion, make of it what you wish.
it's not advice or recommedation to buy or sell anything! Its only meant as a informative or entertainment purposes only.
The red points should be the points to buy. The retracementpoints will be the test whether it will bounce up as a upwards, or a downward trendline.
The elliot inpulse wave hopefully will be the upwards progression if it bounces up from the 61.8 fib line.
Lets see what it does.
**Legal bullcrap**:
This is only my opinion, make of it what you wish.
it's not advice or recommedation to buy or sell anything! Its only meant as a informative or entertainment purposes only.
Заметка
I had to reopload the idea since it somehow it still showed the older version. I adjusted the fibonacci fan to a lower point in history. nothing much is chages except the position of the fan.see:
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Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.