Banks have been rising to record highs.
GS is at a breakout level, obvious to all.
Look for breakn- retest or dip for entry.
$ 518.51 - 515.86 is the ATH barrier.
$ 510.40 is the exact dip of interest.
$ 536.50 - 537.73 will be easy target.
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GS is at a breakout level, obvious to all.
Look for breakn- retest or dip for entry.
$ 518.51 - 515.86 is the ATH barrier.
$ 510.40 is the exact dip of interest.
$ 536.50 - 537.73 will be easy target.
===================================
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Trade active
Breakout Entry it was:Lets take a closer look:
Perfect Ping (exact ricochet on fib that can you HEAR).
Such a retest is a good entry, with tight SL just below.
See if we can get to target without breaking dsahed fib.
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Trade closed: target reached
BOOMPerfect scalp entered and exited precisely.
.
Zoom IN (m5) with some notes
Perfect return trip from/to our entry.
That is a Golden Covid fib at $515.86
Possible double bottom but not for me.
.
GS may continue higher (probably will).
But the goal of this trade was a SCALP.
Holders might buy a little more here.
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Note
BOOMLaunched EXACTLY from our fib at $510.40
.
Zoom in (m5)
PERFECT Fib-to-Fib move, and a good TP level.
.
Looking above and adding a to the bounce:
We get a dip here but the wave should continue.
$ 646.88 (Green 4.236) always a 1st guess Target.
$ 653.49 (Gold 17.942) will be major resistance.
If we do get a dip:
$ 573.65 should offer some support
$ 565.xx double fib will be stronger.
$ 537.xx Green zone is a MUST hold.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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.