⚪️ANALYSIS Descending triangle played out to a tee. Meas. Move to the 0.618. Investors like to play these golden pockets for area to pick up retracements. Fib possible projections are outined on the chart for a bounce if HEX break ATH.
SRSI Low MACD Low FIB Retracement to the 0.618
*Note about the bottom indicator. Would like to see the YELLOW line (regular Stoch) dip to oversold region as well but not necessary. if all 3 indicators get to a “bundle” under the oversole area + it throws a MTF (multi time Frame) stoch buy (green buy signal) then on these higher time frames it can really be a great sign for reversal.
We are simply looking for as many points of colfluence as we can find. That what gives us an egde.
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