ANF retrace from ATH: eyes on $104 then 92 ideal retrace Target

ANF has been on a relentless bull run.
It has obviously hit "a" top if not "the" top.
Mapped are key areas of interest for entries.

$ 111.65-112.64 is current support, should break.
$ 103.14-103.14 is the minimum expected retrace.
$ 91.53 - 92.54 is the 'Ideal" zone for long entries.

Key is to observe price action at each fib for clues.

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Comment:

WOW

"Small Bounce" zone turned out to be a rocket ship launch pad!
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Zoom In (m1)

That is a perfect example of a "Ping",
an exact ricochet that you can almost HEAR.

The term comes from Hunt For Red October:
"give me a ping Vasilly, One Ping Only"

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Comment:

Thus my enthusiasm for Pings

"Not all Pings start a Reversal, but Most reversals Start with a Ping"

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Now at a substantial support, see if it holds.

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