CHZ has been performing exceptionally well! No one can deny that.
But I'm even starting to believe in the wild idea that we may be targeting the .5fib level as well as the original trend line before bouncing back down. I don't want to discount the probability CHZ has to continue with this momentum and surprise yet again by performing exactly in this fashion!
If CHZ follows, this is just my assumption, but that would validate the trend and keep us squeezing within the range until the eventual major break (;
But I'm even starting to believe in the wild idea that we may be targeting the .5fib level as well as the original trend line before bouncing back down. I don't want to discount the probability CHZ has to continue with this momentum and surprise yet again by performing exactly in this fashion!
If CHZ follows, this is just my assumption, but that would validate the trend and keep us squeezing within the range until the eventual major break (;
Note
okay, last time i post anything from mobile. it did NOT post the way it was intended. lesson learned.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.