American Airlines: Evaluation of Falling Fractal

Cập nhật
  • Price breaking above red resistance line is the first sign of recovery.
  • Price going deeper in greener demand area is the actual place of recovery. Though the nearest yellowish part of the chart is a local resistance.
  • Price breaking out blue curved line is a confirmation of reversal.

Common fractal is circled.
Bình luận
Sometimes it's better to use curved lines instead of straight ones to be able to relate gradual growth/decline.
FibonacciFractalTrend Analysis

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