INJ is showing one of the cleanest bounce structures we’ve seen all week.
Twice now, price has pulled back into this Fib zone (between the 0.5 and 0.618) and reversed cleanly — forming back-to-back legs up. Now we’re right back in that same golden pocket, with Stoch RSI fully reset and price showing signs of stabilizing.
🔍 What This Chart Shows:
Bounce 1: Clean reversal off the golden pocket → new local high
Bounce 2: Identical pullback → full extension into $16+
Current setup: Testing the same zone again (0.5 = 13.32, 0.618 = 12.60)
Momentum: Stoch RSI reset + structure still intact
Measured move projection: $17.50+ if we see a similar reaction
🧠 Why It Matters:
This is where high-RR trades are born — when you can define your invalidation below the Fib zone and let structure do the heavy lifting. It’s not about predicting—it’s about positioning.
One setup. One zone. Three chances to catch the move.
Twice now, price has pulled back into this Fib zone (between the 0.5 and 0.618) and reversed cleanly — forming back-to-back legs up. Now we’re right back in that same golden pocket, with Stoch RSI fully reset and price showing signs of stabilizing.
🔍 What This Chart Shows:
Bounce 1: Clean reversal off the golden pocket → new local high
Bounce 2: Identical pullback → full extension into $16+
Current setup: Testing the same zone again (0.5 = 13.32, 0.618 = 12.60)
Momentum: Stoch RSI reset + structure still intact
Measured move projection: $17.50+ if we see a similar reaction
🧠 Why It Matters:
This is where high-RR trades are born — when you can define your invalidation below the Fib zone and let structure do the heavy lifting. It’s not about predicting—it’s about positioning.
One setup. One zone. Three chances to catch the move.
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Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
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.
Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
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.