Is This The Way of the Dao?
I'm going out on a limb here, because obviously there is so little information on this chart, BUT...
Three rising valleys: Three lows, the following higher than the proceeding, with two ascending tops. It looks a lot prettier on the 12 hour chart.
The Fib points match the channel as well... and I this is the first time that I have been able to use the Fib Channel Tool, so, YAY!
Normally, this would be very bullish, but since we don't have any history, we have to work with what we have.
Very high risk, but could be very high reward in a very short amount of time.
Three rising valleys: Three lows, the following higher than the proceeding, with two ascending tops. It looks a lot prettier on the 12 hour chart.
The Fib points match the channel as well... and I this is the first time that I have been able to use the Fib Channel Tool, so, YAY!
Normally, this would be very bullish, but since we don't have any history, we have to work with what we have.
Very high risk, but could be very high reward in a very short amount of time.
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