CART heads up at $49.79: Golden Genesis sister of our bouncer

7 Nov 2024

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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10 Nov 2024

Nota

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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10 Nov 2024

Dagangan aktif

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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26 Mac

Dagangan ditutup: sasaran tercapai

Round Trip Complete!

WOW, what a roller coaster ride it has been.
Original short entry at red arrow.
Reshorted on second break of golden.
Now looking like $39.20 could be the bottom.

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Next I will be looking for Long entries.

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