Fib extension drawn from Fib ext A (start month low local low) to Fib ext B (high) to Fib ext C (low of the range).
Formation is a decending wedge - obvious rejection 0.382.
Only drawn 2 low Naked Daily PoCs (Naked Point of controls). Depicted, looking at a rejection fromm he wedge to loweest NPOC. Looking higher, elevated higher highs that could be putting in with the low nPocs acting as support.
The external Fib is based of a Fib extension from the previous consolidation range, Zoom out to see how I got this.
Formation is a decending wedge - obvious rejection 0.382.
Only drawn 2 low Naked Daily PoCs (Naked Point of controls). Depicted, looking at a rejection fromm he wedge to loweest NPOC. Looking higher, elevated higher highs that could be putting in with the low nPocs acting as support.
The external Fib is based of a Fib extension from the previous consolidation range, Zoom out to see how I got this.
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