p.a topping the fib ext here - doesn't mean we go down or up, but its clear a move is about to happen as its reached here since 2018. From 2020 to now its easy to see vol is consolidating - no big moves down or up, not even covid moving p.a that much compared to others.
It is possible this p.a is re-accumulation schem 3, based on something like i painted to play out. If so, this can fetch a insane gain!
If i see the buy the dip opportunity will update, otherwise. Break of structure could possibly happen in the next year or so.
Lets see what the institutions want to play here. No trade set up yet, but whatever it turns out to be it could be a big one!
i have my money on re-accumulation
It is possible this p.a is re-accumulation schem 3, based on something like i painted to play out. If so, this can fetch a insane gain!
If i see the buy the dip opportunity will update, otherwise. Break of structure could possibly happen in the next year or so.
Lets see what the institutions want to play here. No trade set up yet, but whatever it turns out to be it could be a big one!
i have my money on re-accumulation