Coeur Mining Inc (CDE) Short

29 Agu 2019

I really like this chart. I am not showing you quite everything, but you can see some fine equality between time and price here as well as fibonacci time bars in agreement. Many times I use the arcs as timing arcs, but here, use the arcs as support and resistance. Vertical lines however are in fact timing lines for mini reversal points (trading point) calculated by squaring the range. With the high in, and a double top, indicators agree that we are due for some downside price movement and momentum. Also, with this one, I was able to time the bottom perfectly for a 10% move to the upside., so have trust in the arcs and the equality of price and time.

Happy trading!
Best



CDE