Long Term Analysis
Price currently touching Golden Zone of Fib on Daily.
Waiting to see how price reacts around Fib Levels.
Possibly last push up before breaking Monthly Neckline.
Still expecting 2022 to be a sellers' market.
Still have to complete the Bearish Divergence on weekly timeframe which also correlates with Monthly "M" Pattern.
Higher time frame so longer setup but once it breaks expect a nice lower high and lower low flow of movement. it will be a good time to stack trades and compound.
Price currently touching Golden Zone of Fib on Daily.
Waiting to see how price reacts around Fib Levels.
Possibly last push up before breaking Monthly Neckline.
Still expecting 2022 to be a sellers' market.
Still have to complete the Bearish Divergence on weekly timeframe which also correlates with Monthly "M" Pattern.
Higher time frame so longer setup but once it breaks expect a nice lower high and lower low flow of movement. it will be a good time to stack trades and compound.
