ARMADA in ABC formation
ARMADA in ABC formation.
Dipped to 0.420 cluster fibo786 on 29 Nov 2021 and thereafter consolidated above EMA200 between price range of 0.435 and 0.460. In the last couple of days, the price crossed cluster fibo618 and attempted to also cross central pivot 0.455.
Probable EP would be 0.440 to retest a yearly support.
Probable swing TP is at 0.545 at 52wh and R2.
Probable CL would be below support level 0.390.
Not and investment call. Just technical sharing.
Dipped to 0.420 cluster fibo786 on 29 Nov 2021 and thereafter consolidated above EMA200 between price range of 0.435 and 0.460. In the last couple of days, the price crossed cluster fibo618 and attempted to also cross central pivot 0.455.
Probable EP would be 0.440 to retest a yearly support.
Probable swing TP is at 0.545 at 52wh and R2.
Probable CL would be below support level 0.390.
Not and investment call. Just technical sharing.
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