$CAVA
Added 2025-03-06 13:11:25 +0000 UTCAnother example of a perfect chart and something that should be studied to see how an impulse wave and corrective wave works, when combined with Fibonacci levels and technical analysis.
5 straight forward impulse waves higher, followed by a corrective wave, and down in 3 perfect waves too.
Wave A held on the 0.38 Fib, bounced for Wave B for a lower high and held under the blue resistance level, and then Wave C followed and sits perfectly on the 0.618 Fib now....for a standard Wave 2 pull back.
If $CAVA can hold support now and even consolidate, then the natural expectation is a move higher again, to recapture the blue lines again.
Comments
Looking like she is finding some support here at 0.618
Matthew
2025-03-22 00:55:31 +0000 UTCπ€
Ragin_Savant
2025-03-19 00:40:59 +0000 UTC
