Didn't have to produce this prediction but thought just for fun. Taking a guess on timing when leg down may end, and that we've seen high. Also took volatility of the 14th September as 23.6% key to the next Fib downturn. Added some more Fibs too using a different measure.
If it's going to try for a second fractal high will it reach bull territory instead ?
Are we going down or up ?
For those not familiar with Trading View drag scales on side to move chart around.
If it's going to try for a second fractal high will it reach bull territory instead ?
Are we going down or up ?
For those not familiar with Trading View drag scales on side to move chart around.
$6,731.3 been broken so that pattern on the chart has also reached the end of a life cycle. I don't think it needs to close above it to be the case, but the case would look stronger if it did.
Found something to pump in next weeks news obviously.