$YINN
Added 2024-10-08 11:40:52 +0000 UTCThe 3 X leveraged position is taking a strong hit today, it did climb the strongest but it's great when its moving higher but rough when it's pulling back, if you are not out already, I would stay in my position and consider adding when support is found, you need to ride this storm here in this case.
Wave 3 went above the 1.618 Fib, anything above the 1.618 Fib for Wave 3 is extended, you've gotta trim at this point but I think many did, I don't see anyone in the group concerned here with this pull back.
Price is already below the 0.38 Fib, such is the extent of this strong pull back, so will need to wait for support on the 0.38 Fib
The cut off point is the 0.618 Fib at $34, price can not go below this point as it is the height of Wave 1, if the price goes below this level, the impulse wave is invalid.
We will keep an eye on this.
Wave 5 has not changed at $72.
Comments
Has the impulse wave been invalid as the price went to $33
Mk Yee
2024-10-24 14:16:23 +0000 UTCIs this invalidated as it went under 34 yesterday? Thanks Cap. I am still holding
heng ong huat
2024-10-18 13:01:20 +0000 UTCStil feel it will hit 72? I added today.
Prasanna
2024-10-15 21:31:33 +0000 UTCInteresting chart to look back on as the week has gone on
Adam Wenberg
2024-10-12 17:19:12 +0000 UTCThanks Cap
Sam
2024-10-08 11:54:47 +0000 UTC
