At the moment FB has been in a box more consolidating than falling imo, as opposed to what other may think. Bearish harmonic played out, see if Bullish harmonic can too, targeting B for now at 166. update then, D support breached on a daily or possibly 4hr close would violate this long.
Comment:
Facebook Just performed beautifully so far, really FLEXED TO B midpoint. Cant claim a push/chop/failure...Just need to be very attentive to this zone/level, also happen to see how POC now is thru both B level midpoints on bearish and bullish setups that technically you cuold say have been consolidating in the box range 174.25/159.59
Comment:
Scale out at red hollow develop on FB near pivot B point, going to leave runner...im not the best at swings so lets see. btw its 180/190 from .25 at 32dte, no 28dte at .45, yes i have time but reducing risk and take some gains leaves my mind more at ease.
Trade closed: target reached