XME recovering nicely from the tariff tantrum.
$57.40 is the exact level of the Golden Genesis.
High Energy object whose heat is clearly noticed.
It is PROBABLE that we orbit this object a few times.
It is POSSIBLE that it rejects to the retest fibs below.
It is PLAUSIBLE that bulls could blow thru it this time.
$57.40 is the exact level of the Golden Genesis.
High Energy object whose heat is clearly noticed.
It is PROBABLE that we orbit this object a few times.
It is POSSIBLE that it rejects to the retest fibs below.
It is PLAUSIBLE that bulls could blow thru it this time.
Trade active
We have a start of next leg(yellow shaded area is from posting time)
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Closer look with some notes
Got some ORBITS around Golden fib as expected.
Then got Sling Shot to the next high gravity object.
Now orbiting the next fib, waiting for sling short again.
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What next?
Expect a dip then next leg up.
Dip may Retest golden at 57.40
Max target expected is $64.11/26 zone.
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Trade closed: target reached
BOOM, boom, and BOOM!Hit 3 targets, closed 1/4 at each for 11%, 17%, and 27% gain.
Stop loss on remaining 1/4 is just below $64.00
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What next?
So now it is a MOON or BUST situation that I am holding for.
Either target gets hit for 49% gains, or SL for 11%.
.
Consider this trade Idea closed.
Will post update when either last TP or SL is hit.
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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.