OCTOBER AGAIN...
On an hourly timeframe, price expanding and contracting in ratios of Phi.
The new pivot is the current low at 32870 level being the the 2/3rd correction of the entire advance from the cycle low. Above this level price should advance, below this level is a sell entry with target back to the origin.
Given that price has advanced back from 32870 level back to 34065, the upper Phi level, caution should be taken as a small correction could ensue from this level before any further advance.
Trade safe, take care, good luck
The new pivot is the current low at 32870 level being the the 2/3rd correction of the entire advance from the cycle low. Above this level price should advance, below this level is a sell entry with target back to the origin.
Given that price has advanced back from 32870 level back to 34065, the upper Phi level, caution should be taken as a small correction could ensue from this level before any further advance.
Trade safe, take care, good luck
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.