TX Swap Attempting Tweezer Bottom at 1.618 Fibonacci Extension

24 февр.

TX Swap after breaking out of a Falling Wedge pattern now finds itself attempting to confirm a Tweezer Bottom Break-Hook-Go with Bullish Divergence at the 1.618 Fibonacci Extension with elevated volume. If this turns around from here, I think the upside move could be quite dramatic.

24 февр.

Сделка активна

Despite going through the 1.618, the wedge still appears to be holding and the move down appears to be weakening as it comes down to the 1.902 HOP level, so I will average down.