$BKNG with the perfect bounce on the 0.38 Fib and now above its 200 Day MA
Wave 2 wants the 0.618 Fib for support
Wave 4 wants the 0.38 Fib for support
This is the standard pull back areas.
With $BKNG it was also beautiful to see the 0.38 Fib align with the yellow trend line channel....making this a confluence level and it did its job
Wave 5 remains at $4838
Gareth Neary
2024-08-16 11:04:32 +0000 UTCNick E
2024-08-16 10:57:06 +0000 UTC