End of Wave 5 consolidation. Could it bounce off Fib 0.62?
Wave 5 retraced to Fib 0.62 $201 key support level. Previous low at $191. Strong support zone $191-$201. 3rd time it touched this zone.
$191-$201 could be a sweet spot to enter for long. Watch for MACD crossover and some nice bullish pattern before entering.
Profit target $240.
$191-$201 could be a sweet spot to enter for long. Watch for MACD crossover and some nice bullish pattern before entering.
Profit target $240.
Note
Missed $201 entry. Flying to the moon.Note
2nd time for those we want to ride the traing $191.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.