NFLX has been on a tear but nearing a major resistance.
$1215.37 is a Golden Covid fib forming bottom bound.
$1231.61 is a minor Genesis fib forming the top bound.
It is PROBABLE that we see a dip from there.
It is POSSIBLE to consolidate within the zone.
It is PLAUSIBLE to break-and-retest to go more.
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Previous Analysis that caught the BOTTOM
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$1215.37 is a Golden Covid fib forming bottom bound.
$1231.61 is a minor Genesis fib forming the top bound.
It is PROBABLE that we see a dip from there.
It is POSSIBLE to consolidate within the zone.
It is PLAUSIBLE to break-and-retest to go more.
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Previous Analysis that caught the BOTTOM
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Trade active
Round Trip complete?(yellow shaded area is from posting time)
Took a small short for 2% dip, closed at fib.
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What next?
The resistance zone is over 1% wide.
Possible scalp long on retest of Golden Covid at $1215.37
Break of top of zone (Genesis fib) at $1231.62 ought to FLY.
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Trade closed: target reached
Tale of Two PingsBears may have missed their best chance.
Bearish PING on lower bound of zone.
Now two Bullish Ping''s have been HEARD.
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"Ping" is from "give me a ping Vasilly, One Ping Only"
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Barring a marketwide dump, we ought to gain velocity from here.
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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
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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.