fibonacci

possible Trendline Break 

Hello, Tradebuddies I would like to show you how to work with the classic ABCD in this article.

Our most recent pattern in the Daily Chart of Salesforce is a Zig-Zag that took the stops above the high from Nov 2021. 

We've dipped into the BISI, where price resides atm multiple times already, which created relatively equal lows (SSL), meaning there's sellside liquidity or sellstops resting below those lows. The Stops got taken already but the FVG (BISI) is still active since it's been run multiple times and always respected the 50% level real good.