Hello,
I will take this Crab pattern. All Ratios are met. Major Resistance broke.
I am looking for this to get up to 1.618. That is just higher then the Daily .786 Fib line of the Daily leg.
If this happens to turn at this point. our first target is re-testing the support line.
RSI on the Daily is currently at 63. I will see if we are in the high 70's or even low 80's at entry point.
Good luck.
I will take this Crab pattern. All Ratios are met. Major Resistance broke.
I am looking for this to get up to 1.618. That is just higher then the Daily .786 Fib line of the Daily leg.
If this happens to turn at this point. our first target is re-testing the support line.
RSI on the Daily is currently at 63. I will see if we are in the high 70's or even low 80's at entry point.
Good luck.