CCL at key resistance: ReOpening play at a BreakOut Threshold
Plotted here are two different fib series.
Thick lines are from its Genesis (at birth).
Thin lines are from "Covid Stimulus" wave.
$ 23.52-23.64 is the key resistance, "Minor" but respected as seen to the left.
$ 25.44-25.65 is the "Major" resistance, a Golden Genesis fib plus a minor local.
$ 22.03-22.21 is a "Semi-Major" support below, loss of which kills the uptrend.
For reference, here is the Genesis Sequence in full, and the math used
.
I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.
Thick lines are from its Genesis (at birth).
Thin lines are from "Covid Stimulus" wave.
$ 23.52-23.64 is the key resistance, "Minor" but respected as seen to the left.
$ 25.44-25.65 is the "Major" resistance, a Golden Genesis fib plus a minor local.
$ 22.03-22.21 is a "Semi-Major" support below, loss of which kills the uptrend.
For reference, here is the Genesis Sequence in full, and the math used
.
I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.