Meta platforms, D ( Channel + 2 Fibonacci Extensions up & down )

Hey Traders and Investors, I hope you all are doing well in your life.

market is nature's response and Price is the God.

Let's check the market with the help of natural levels tool : Trend Based Fibonacci Extension in addition with Trend Channel.

After forming almost a ' Head and Shoulders ' pattern on Daily chart, Meta platforms has given a pull-back ( base for Fib-Extension UP level tool on the right side, $690.51 ).

The Pull-back trend expect to continue till the retest level of 23.6% ( $765 ) of Fib-Extension UP level tool on the right side.

The most near level for the re-test is the 50% level ( $664.14 ) of Fib-Extension Down level tool on the left side, for a new UP trend Entry ( investors ).

Note: The marked Circle ⭕ enclosed candle is the important level candle, Up Trend channel's 50% trend line is intersecting with 23.6% of Fib-Extension UP level tool on the right side.
Keep on checking this Level for your future trading decisions.

" Buy 🟢 "above $731 with the stop loss🔻of $690 for the
🎯 Target 1: $765
🎯 Target 2: $811
🎯 Target 3: open.

" Sell 🔴 " below $664 with the stop loss🔺of $690 for the
🎯 Target 1: $634
🎯 Target 2: $590
🎯 Target 3: open.

Smart Levels is Smart Trading 👨‍🎓

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It does not constitute any financial advice or a solicitation to buy or sell any securities of any type. All investments / trading involve risks. Past performance does not guarantee future results / returns.
Always do your own analysis before taking any trade.

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Team TradeWithKeshhav
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