This chart shows cycle tops & bottoms by the green and red verticle lines.
The channel is seen by the blue lines.
There is an arc occurring and drawn with a yellow line (it needs to extend and complete the arc but I don't know how to make it do that?).
Fibonacci 62% retracement.
All 5 of the above chart tools give rise to a 5 point confluence area as shown by a white arrow.
The channel is seen by the blue lines.
There is an arc occurring and drawn with a yellow line (it needs to extend and complete the arc but I don't know how to make it do that?).
Fibonacci 62% retracement.
All 5 of the above chart tools give rise to a 5 point confluence area as shown by a white arrow.
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