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Hi **e, thanks for the input - I appreciate your posts too and...

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patsy2

221 Posts.

9

10/01/25

13:46

Post #: 77350009
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Originally posted by **e1213: ↑

I’ll add my two cents lol… good pickup of all the technical aspects but as w3 said look for these technicals at a long term low

if you look at the weekly chart. Price has penetrated deep below the 65 week ema on the last retrace (you can see before that price never went to far
below the ema), and now I would say it is in the process of making a lower high as the trend is weakening. In other words an ABC correction.

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Hi **e, thanks for the input - I appreciate your posts too and have learnt from them as well. You and W3 have made me realise I need to study up on fibonacci levels to better understand the patterns you are looking for. I'm off to hit the books
Cheers,
Patsy
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