Weekly Chart Analysis
– Drew a multi-timeframe Fibonacci from the 119.35 low (Mar ’20) to the 844.60 high (Oct ’24) on the Monthly time frame .
– Highlighted the 50–61.8% retracement zone (481.95–396.40) as an orange supply/demand area.
– Circles mark historical pivots where price reacted as support or resistance within this zone.
Key Observations
-Price consistently respected the 50–61.8% band during prior rallies and pullbacks.
-Recent price action formed a contracting triangle (CT) at the lower edge of the Fibonacci zone.
-Volume contraction noted inside the triangle, suggesting supply–demand equilibrium.
Disclaimer: This analysis is provided for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and you should perform your own research and consider your risk tolerance before making any trading decisions.
– Drew a multi-timeframe Fibonacci from the 119.35 low (Mar ’20) to the 844.60 high (Oct ’24) on the Monthly time frame .
– Highlighted the 50–61.8% retracement zone (481.95–396.40) as an orange supply/demand area.
– Circles mark historical pivots where price reacted as support or resistance within this zone.
Key Observations
-Price consistently respected the 50–61.8% band during prior rallies and pullbacks.
-Recent price action formed a contracting triangle (CT) at the lower edge of the Fibonacci zone.
-Volume contraction noted inside the triangle, suggesting supply–demand equilibrium.
Disclaimer: This analysis is provided for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and you should perform your own research and consider your risk tolerance before making any trading decisions.
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✅ WhatsApp (Contact me) : wa.me/919455664601
✅ YouTube (More Content) : youtube.com/@HashtagHammer
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
✅ Telegram ( More Charts) : t.me/hashtaghammer
✅ WhatsApp (Contact me) : wa.me/919455664601
✅ YouTube (More Content) : youtube.com/@HashtagHammer
✅ WhatsApp (Contact me) : wa.me/919455664601
✅ YouTube (More Content) : youtube.com/@HashtagHammer
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.