According to the Fibonacci Retracement principle: Maximum expansion reached = Resistance
If it breaks the maximum expansion fibonacci retracement (1), move to the next pivot --> Fib2
Fib2 remains invalid as long as Clore AI does not register ATH
0.26$ = Target Fib1 = Fib Res
0.076$ = Pivot Fib2
If it breaks the maximum expansion fibonacci retracement (1), move to the next pivot --> Fib2
Fib2 remains invalid as long as Clore AI does not register ATH
0.26$ = Target Fib1 = Fib Res
0.076$ = Pivot Fib2
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invalidated/broke uptrendTrade active
Falling Wedge PatternTrade active
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👀Trade active
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Disclaimer
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.