Hello everyone
Looks like a tentative buy on the RSI. Additionally, this confluence of fibs (spirals, channel, retracement/extensions) leads me to believe a move up is imminent.
It's also quite possible that the price moves to the .618 and breaks sideways through the confluence of spirals.
I'm not a master at fib spirals; any criticism or advice would be appreciated!
*This is personal analysis and not intended to be trading advice - I am not responsible if you lose your funds trading this idea.*
Looks like a tentative buy on the RSI. Additionally, this confluence of fibs (spirals, channel, retracement/extensions) leads me to believe a move up is imminent.
It's also quite possible that the price moves to the .618 and breaks sideways through the confluence of spirals.
I'm not a master at fib spirals; any criticism or advice would be appreciated!
*This is personal analysis and not intended to be trading advice - I am not responsible if you lose your funds trading this idea.*