CART heads up at $49.79: Golden Genesis sister of our bouncer
Aktualisiert
CART has been accelerating its uptrend.
Now approaching a Golden Genesis fib.
Its Golden sister below was our bouncer.
It is PROBABLE that we get a dip here.
It is PLAUSIBLE to form a significant top.
It is POSSIBLE to Break-n-Retest and go.
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Now approaching a Golden Genesis fib.
Its Golden sister below was our bouncer.
It is PROBABLE that we get a dip here.
It is PLAUSIBLE to form a significant top.
It is POSSIBLE to Break-n-Retest and go.
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Anmerkung
Here is a full view of the Fibonacci series used in the above chart:
Simple 1.618 exponents, and the Fib ratios in between.
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Trade ist aktiv
BOOM
PERFECT rejection and first target hit.
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Zoom in (m5)
First support fib trying to hold at $47.32.
But it was pierced so look lower at $45.79.
Let's see what the new week brings to this.
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