MSTR eyes on $154: the Decision Zone for next move
Updated
MSTR is at a key level that should determine the next move.
Break-and-Retest of zone would be the buy signal to look for.
Rejection and loss of next fib below it would be a sell signal.
$ 152.17 - 154.08 is the exact zone of interest.
$ 175.25 - 178.09 will be the next target above.
$ 110.23 - 113.01 will be the key support below.
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Break-and-Retest of zone would be the buy signal to look for.
Rejection and loss of next fib below it would be a sell signal.
$ 152.17 - 154.08 is the exact zone of interest.
$ 175.25 - 178.09 will be the next target above.
$ 110.23 - 113.01 will be the key support below.
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Trade active
BOOM !
Dip and LAUNCH with perfect fibnastics that need a closer look.
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Zoom in a bit (h1)
Perfect Pings (exact ricochets on fib).
Our "Decision" zone made the decision.
Both resistance zones above confirmed.
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Zoom in more (m5)
Again a Perfect Ping on the Golden Genesis fib.
Now THAT is a Ping which you can almost HEAR.
And such a "LOUD" Ping often launches a wave.
So lets place a fib on that Ping (bounce):
Nice fitment of local fib, especially the golds.
Green arrows show the important fibs here.
So we have support to watch, $ 202.17-204.02
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ALAS, the last leg could be a "blow off top".
I dont think so, but we should be prepared.
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