Think we're in what's the middle of bearish Gartley. After having completed a 61.8% retracement of the ATH to the low at 13k. I'll be looking to TP my short at the C of the bearish Gartley or the 618 fibbo and ride it up with a long position to the D or double top at the ATH.
Komen:
Banging on the doors of the R1 monthly fib pivot!
Komen:
Smashing the R1 pivot, for me, was crucial.
Komen:
On the way to targeting the C after smashing through the 50% fib at 14854. A daily close under this will be even more reason to expecting the C to reach sometime next week. My short entry at 15256 is now over 50% and the SL is placed at 15% profit
