@rla4000
As a student forever learning I was hoping you could expand on your idea a little more? I get the impression your analysis is heavily weighted with momentum indicators what with the ema cloud. Being a lagging indicator it wont show a change of character on the higher time frames with any fidelity - have you reviewed at the lower time frames? How come you've selected those Fibonacci levels? I've never found a sufficient explanation for why fib extensions work other than that other traders see and use them, hence making them a self fulfilling prophecy of sorts. I have seen them used with accuracy in more predictable, algorithmic markets.
@rla4000As a student forever learning I was hoping you could...
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Last
$2.33 |
Change
-0.070(2.92%) |
Mkt cap ! $440.1M | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.39 | $2.30 | $1.157M | 496.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19191 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 2874 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |