Opinion only.
Looking for a strong reversal very very soon here.
تم فتح الصفقة
Convergence of regular Fibonacci and trend based Fibonacci from multiple different levels = Extreme conviction bullish trade from here. ملاحظة
Positive divergence when new low was made off of the fibonacci level. :)
تم فتح الصفقة
AI is down 65% since 12/23/20تم فتح الصفقة
There she is folks. The next Fibonacci support level of 64.50.Last one for a ways down, so let's hope this one holds.
Next up would be 53ish..
ملاحظة
ملاحظة
Area of confluence: Multiple fibonacci retrace levels clustered together when drawn from major high to lows as well as trend-based fibonacci levels from high/low/high.$65-$60 is the highest area of probability to find support/reversal. (Not guaranteed) just the probabilities.
ملاحظة
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إخلاء المسؤولية
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.