I added this week and very happy with our entry, we got the retest of the triangle on the 50 Day MA and holding, so we executed....a break down below $9 and we need the 0.5 Fib to hold at $7.71 or the structure is looking weak.....but we are nowhere near that now.
We have a higher low now so just need a higher high next above $10.59 and the trend is confirmed to the upside and my Wave 5 target is at $18 at the 2.618 Fib.
Let the price action work now.
You are also still early for an entry here.
Lyndon Richards
2025-02-14 16:25:41 +0000 UTCDanny
2025-02-14 16:11:58 +0000 UTCLyndon Richards
2025-02-14 16:05:10 +0000 UTC