We added last week at $15.70 because we said we were looking for a hold on the small 0.618 Fib at $15.50 and this level was tested 5 times.....I think this is more than enough tests for us to enter a position
Price broke out of its triangle today to the upside and up nearly +5% now for the day
We can not rule out a move down to the larger 0.5 Fib at $14.24, or possibly lower until we start seeing a higher high next above $16.70 and moving higher in an impulse wave
But like I said in the last update, I like the price here and what I am seeing and I have explained in detail why I added and will have no issue adding if this goes lower
For now, great start to the week, we want to see a series of higher highs and higher lows next
Lis
2024-08-19 19:27:22 +0000 UTCA V
2024-08-19 19:20:40 +0000 UTCDhairya Ratti
2024-08-19 19:18:00 +0000 UTCLis
2024-08-19 19:14:34 +0000 UTCDamian Howald
2024-08-19 19:03:47 +0000 UTCA V
2024-08-19 19:02:24 +0000 UTCA V
2024-08-19 18:53:46 +0000 UTCNick E
2024-08-19 18:36:42 +0000 UTCMinar Al-Balaawi
2024-08-19 18:11:56 +0000 UTCMinar Al-Balaawi
2024-08-19 18:09:13 +0000 UTCLuke Foster
2024-08-19 18:08:38 +0000 UTCLyndon Richards
2024-08-19 18:08:23 +0000 UTCMinar Al-Balaawi
2024-08-19 17:47:36 +0000 UTC