$EL
Added 2023-07-20 23:59:13 +0000 UTCIs working its way down the Fib support levels, now, initially on the 0.38 Fib, then the 0.618 Fib and today exactly on the 0.78 Fib.
Last Fib level is 0.887 at $178.60, if this is lost then the previous low at $175 is the only support level left.
Any loss of this blue line will need to be recovered quickly.
For now, the structure is still in place but was under pressure today across the market sell off.
Comments
Good morning Gareth, seems like $EL broke the structure. Any chance you could update this chart at some point? Appreciate all your guidance, Thanks!
Manuel Bantle
2023-08-22 04:39:36 +0000 UTCYes, holding the blue line which is the previous low, need more price action to update but so far its holding well
Gareth Neary
2023-07-27 12:34:42 +0000 UTCAny update on this? Looks to have held the $175 support.
Jack Fisk
2023-07-27 11:20:10 +0000 UTCBoughy at $182 will keep a very close eye on this one. Thank you for the update mate much appreciated.
Richard
2023-07-21 00:05:15 +0000 UTC
