Plotted is a fib sequence of the last wave down. The wave ended perfectly at the 4.236 extension. But stuck under 2.618 and 2.764 repeat rejections.
Bulls need to push past the 2.618 (very important fib) asap. Band 3 might provide some support, but will only do so ONCE. IF bulls need Band 3 spring board, they must make it count.
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See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page.
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Nota
Bulls look to have taken the 2.764 extension Now that it has confirmed as possible support, getting past the 2.618 will get a lot mroe bulls on board.
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