SMH
Short the Chips.
Why?
Target (Time x Price) = 215 USD on 7/17/23
Fat_Fat
Short the Chips.
Why?
- RSI Bearish Swing Rejection
- MACD Bear Div
- Price broke the ML
- Unfilled Gap (212-215)
- 50% Fib Confluence with Price Gap
- 1.618 Time Zone
- Fib Confluence X Price Gap X Energy Point
Target (Time x Price) = 215 USD on 7/17/23
Fat_Fat
הערה:
Divergence + Bearish Swing Rejection
הערה:
Already retraced to the .618, road's closed pizza boy, find another way home.
הערה:
100% Extension A:C complete. Larger Degree B wave may top out here. Get ready for another 5 waves down for the larger degree C wave.
הערה:
הערה:
Potentially topping out against this Schiff Median Line.