$OPEN - RC -
Added 2023-09-20 09:24:50 +0000 UTC$OPEN has been holding our blue line which is also the 0.5 Fib very well at $3.15 in Wave 2.
We know that Wave 2 typically goes to the 0.618 Fib and we can see that the 200 Day MA is drifting up to this level too, so if the 0.5 Fib does not hold, watch for the 0.618 Fib at $2.62 for support.
Apart from this, the structure looks very nice and controlled in this impulse wave.
Comments
Thank you
Chessmaster
2023-09-20 14:07:53 +0000 UTCRequested Chart
Ram
2023-09-20 14:06:38 +0000 UTCWhat does RC mean?
Chessmaster
2023-09-20 12:18:31 +0000 UTCThis beauty looks like it’s made for LEAP’s - great chart!
Yuri van Huisstede
2023-09-20 09:32:56 +0000 UTC
