Mistress_Mayhem

Classic shake out

Long
Classic dip and bounce off the lower fib band. Did that shake you out of your hold? Yeah, big dogs pull that crap. But good old FIB was there to keep you level headed. A break over .32 this morning will likely see a resumption of trend, though consolidation can occur for the next week or so between the fibs. I'm holding for the break out over .445. a move to .745 is possible.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.