Analyzing Market Trends and Fibonacci Levels

Is a low that's lower than the previous short-term low

and lower than the

higher low here.

So there's three points. Okay?

Just like this is an intermediate-term low here, this is an intermediate-term low

as well because it has to the left of it a higher low

and a higher low. STL is a short-term low.

LTL is a long-term low.

ITL is an intermediate-term low.

Intermediate-term low,

short-term low, short-term low.

In between two intermediate-term lows

is a long-term low.

If we're bullish, we're expecting buy-side up here,

as I was yesterday explaining it live.

Fib on this

swing here and this here.

Pay attention.

First,

I wanna show you the

settings that way you can see. This is my Fib setting.

I don't need this, and I don't need this.

This is to determine how far the daily range can come off its higher low and find

a closing price. I'll teach that later this year.

This is optimal trade entry levels.

We don't need that, and I don't need equilibrium.

So from the low up to the high,

buy side is here.

This, this high hadn't formed yet, so the first one past this high

is

four-one-zero-one point two five.

Putting the Fib on this low.

First one past is four-one-zero-one point

five.

That's the reason why I called four-one-zero-one point five.

That's this high here.

The next one up is four-one-zero-four point two five.

Let me, uh, take this off. See, four-one-zero-four point two five.

So

you can see we're at four-one-zero-four point two five.