This idea is written from a purely technical perspective and does not consider news and reports in the market about RED LIGHT HOLLAND.
This time I looked at the chart on daily and hourly time frame basis together.
For explanation: ORANGE = daily, BLUE = hourly. Point C (orange) I have moved a little for clarity. The blue C point is the correct one for both ABCD moves.
What is interesting here is that the daily expected target lies exactly on the target of the 2nd hypothetical assumed Fibonacci on hourly basis ( .845 CAD). Currently we are in the retracement zone of both Fibonacci. This looks to me like a nice entry scenario.
BC= Retracement (eventually not finished)
CD= Push
D = Next expected targets
In this sense - good luck to all of you!
mophi
And please remember. Act according to your own plan. These are ideas to the best of your knowledge and belief. Nevertheless think twice and then act on your own responsibility. The ideas are a purely personal interpretation. They are not guarantees, investment recommendations or an invitation to act on them.
This time I looked at the chart on daily and hourly time frame basis together.
For explanation: ORANGE = daily, BLUE = hourly. Point C (orange) I have moved a little for clarity. The blue C point is the correct one for both ABCD moves.
What is interesting here is that the daily expected target lies exactly on the target of the 2nd hypothetical assumed Fibonacci on hourly basis ( .845 CAD). Currently we are in the retracement zone of both Fibonacci. This looks to me like a nice entry scenario.
BC= Retracement (eventually not finished)
CD= Push
D = Next expected targets
In this sense - good luck to all of you!
mophi
And please remember. Act according to your own plan. These are ideas to the best of your knowledge and belief. Nevertheless think twice and then act on your own responsibility. The ideas are a purely personal interpretation. They are not guarantees, investment recommendations or an invitation to act on them.
Ghi chú
IIROC Trading Halt - TRIPReason: At the request of the Company Pending News
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.