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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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56438992 No.56438992 [Reply] [Original]

It's now clear we wacked-off perfectly and have followed the stereotypical schematic for a wyckoff accumulation.
If anyone is shorting, look at the multiple schematics available for free everywhere. A retrace to near the trading range is normal (PHASE D) and expected. Dont expect a highly profitable retrace for a short - doing so is very risky.
Sharing some knowledge to protect some retards from getting rekt.

>> No.56439017

>>56438992
where will this go in the next 1-2 years top?

>> No.56439030

>>56439017
800 this year
GOLD MAN SERGEY

>> No.56439040

op, where's the next resistance and where will support set up?

>> No.56439065

>>56439017
No one can predict exactly where. Based on the current macro rising channel, the maximum value is $250 in December 2024.
Note the previous macro rising channel was broken 29th June 2019, the top of link should have been $5.90 but instead hit $52.

Charts are made to be amended as the market chooses the path.

>>56439040
$16 and $28 for both. After $28 is true price discovery. We hit $11 faster than I expected (was expecting an attempt at $10 two weeks from now).

>> No.56439173

>>56439065
interesting. Will keep it in mind.
Cheers.

>> No.56439182

>>56439030
Bought myself gold man clothes and chains just in case

>> No.56439212

>>56438992
https://youtu.be/n0FmTdGFKbk?si=dzBNQBRFluA4Ib0L