AMD
black fib: rest blocks, fib 1 up 0.5 to top of the consolidation, red blocks on 5/618 area.
green fib: 1 up 0 to top of consolidation, gray blocks on 5/618 area.
RSI Also suggests higher low for the newly formed M after the ABC leg down.
R% is at the low.
Prediction:
looking to bounce in -0.5/-0.618 ($97.56~$99.52) grey box area, IF can't hold see levels below.
helpful indicator for entry: 9/20 ema cross, entry at the drop after bullish crossing.
black fib: rest blocks, fib 1 up 0.5 to top of the consolidation, red blocks on 5/618 area.
green fib: 1 up 0 to top of consolidation, gray blocks on 5/618 area.
RSI Also suggests higher low for the newly formed M after the ABC leg down.
R% is at the low.
Prediction:
looking to bounce in -0.5/-0.618 ($97.56~$99.52) grey box area, IF can't hold see levels below.
helpful indicator for entry: 9/20 ema cross, entry at the drop after bullish crossing.