Looking for potential channel exploration with current and past trading examples.
We have the current fib levels bottom to top. This is current only and could change so adjustments on the fly will be needed. The blue lower support trend and upper resistance trend is my personal drawn lines. The dashed lines at the end is projections with a low volume support squeeze that has happened two times before in Nvidia past. Looks accurate but anything could happen. I sold already in a previous post but i was not bearish just met my trading goal for my position. At a later date i will rejoin the market with my support when the clamp down happens but could take years so be ready when the time comes. I don't see the market jus dumping but more of a slow down next few years and diversification will start happening periodically during the market cycles. 2025 to 2028 will be the best years i think the clamp will happen for the squeeze event. This is purely speculative so don't follow this example. I am just posting here for reference and information. Thanks for reading and good luck with your trading strategy.