Again not the greatest drawing but I'm going to try spice thing's up a bit using the XABCD tool.
Possibility of an upward trend if the breakout is confirmed passed the area of interest.
My thought's is that it may retrace off the .618 Fibonacci level as shown in the graph.
I'm kinda new to using this indicator so any opinions and tips would be great.
Feel free to share your ideas I'd love to hear what you think.
Possibility of an upward trend if the breakout is confirmed passed the area of interest.
My thought's is that it may retrace off the .618 Fibonacci level as shown in the graph.
I'm kinda new to using this indicator so any opinions and tips would be great.
Feel free to share your ideas I'd love to hear what you think.