MSTR is at a key level that should determine the next move.
Break-and-Retest of zone would be the buy signal to look for.
Rejection and loss of next fib below it would be a sell signal.
$ 152.17 - 154.08 is the exact zone of interest.
$ 175.25 - 178.09 will be the next target above.
$ 110.23 - 113.01 will be the key support below.
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Break-and-Retest of zone would be the buy signal to look for.
Rejection and loss of next fib below it would be a sell signal.
$ 152.17 - 154.08 is the exact zone of interest.
$ 175.25 - 178.09 will be the next target above.
$ 110.23 - 113.01 will be the key support below.
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Trade active
BOOM !Dip and LAUNCH with perfect fibnastics that need a closer look.
.
Zoom in a bit (h1)
Perfect Pings (exact ricochets on fib).
Our "Decision" zone made the decision.
Both resistance zones above confirmed.
.
Zoom in more (m5)
Again a Perfect Ping on the Golden Genesis fib.
Now THAT is a Ping which you can almost HEAR.
And such a "LOUD" Ping often launches a wave.
So lets place a fib on that Ping (bounce):
Nice fitment of local fib, especially the golds.
Green arrows show the important fibs here.
So we have support to watch, $ 202.17-204.02
.
ALAS, the last leg could be a "blow off top".
I dont think so, but we should be prepared.
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.
Trade closed: target reached
BOOM! 145% gains booked, from our "Decison" zone entry.
Closed this trade on the spike to a Genesis fib.
May well go higher, but will look reload loser.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.