TOTAL2 has transition to 2.618 within the strongest Fibonacci circle trend.
This will likely lead to the bulls continuing their run.
Its a strange pattern but I believe it can be interpreted as a bullflag once the area within the triangle (flag) completes.
In the attached chart I see a large bull impulse move coming within this newly discovered 2.618 territory (on the MACD). Many will be shaken out at this level however.
This will likely lead to the bulls continuing their run.
Its a strange pattern but I believe it can be interpreted as a bullflag once the area within the triangle (flag) completes.
In the attached chart I see a large bull impulse move coming within this newly discovered 2.618 territory (on the MACD). Many will be shaken out at this level however.
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