$DNA
Added 2023-09-18 20:12:50 +0000 UTC$DNA is not ready yet either, a number of people added as soon as it hit $1.90 and I understand their strategy as this could reverse at any moment and I suspect that they are comfortable if this goes lower as long as the structure stays valid and may add if it goes lower.
We want $DNA to find support on one of the Fib levels in white as shown. I believe 3 ABC waves are now shown and this needs the right moment to reverse.
Comments
I reckon a diagram or a couple illustrations of what this looks like would be super valuable. In these situations it is hard to fight the urge to dive in incase you miss the dip...
Trevor Sweetnam
2023-09-19 16:12:15 +0000 UTCAdded here
Stephanie
2023-09-19 14:25:15 +0000 UTCHi Steve, I am surprised by this, you are with us a long time and i write Hold on about 90% of my charts and this is the first time you have asked about this......I also explain what is meant by hold on a lot of charts, several times a week. $2 - $1.90 was the target to wait for and not buy until the price at least gets as low as this and as always we wait for confirmation of support, that is not confirmed yet. Hold is when a support line is held and tested more than once before going higher, by making a higher high and higher low.
Gareth Neary
2023-09-19 12:34:56 +0000 UTCHi Gareth. I think the main reason people bought at $1.90 was because you previously and repeatedly drew C at $1.90. This is your comment from 5 days ago "$DNA is in our target area between the 0.5 Fib and the 0.618 Fib, between $2 - $1.90." I don't know know what "HOLD" actually means other than being wise after the event, so if you could define/translate that for me I would be most grateful.
Steve Cullip
2023-09-19 09:35:08 +0000 UTCI see it going to 1.75$
Erasto Maradey
2023-09-18 22:20:48 +0000 UTCThat’s it, below the Wave 2 low
Gareth Neary
2023-09-18 20:19:01 +0000 UTCCan you confirm the invalidation point cap? Below the bottom of W2?
Anthony
2023-09-18 20:13:50 +0000 UTC
