ANF has been on a relentless bull run.
It has obviously hit "a" top if not "the" top.
Mapped are key areas of interest for entries.
$ 111.65-112.64 is current support, should break.
$ 103.14-103.14 is the minimum expected retrace.
$ 91.53 - 92.54 is the 'Ideal" zone for long entries.
Key is to observe price action at each fib for clues.
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It has obviously hit "a" top if not "the" top.
Mapped are key areas of interest for entries.
$ 111.65-112.64 is current support, should break.
$ 103.14-103.14 is the minimum expected retrace.
$ 91.53 - 92.54 is the 'Ideal" zone for long entries.
Key is to observe price action at each fib for clues.
=============================================
Comment:
Thus my enthusiasm for Pings
"Not all Pings start a Reversal, but Most reversals Start with a Ping"
.
Now at a substantial support, see if it holds.
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"Not all Pings start a Reversal, but Most reversals Start with a Ping"
.
Now at a substantial support, see if it holds.
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.
Comment:
Thus my enthusiasm for Pings
Fell through our support which did try to hold.
.
Zoom in (m1)
Another bearish Ping on a sister Genesis fib of the top.
Each ping alerts and energizes all of the others in the set.
Thus we know to watch the next fib below at $166.30 next.
.
SUMMARY:
- $196.93 was clearly "a" top if not "the" top.
- $166.30 is the next possible support to watch.
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Fell through our support which did try to hold.
.
Zoom in (m1)
Another bearish Ping on a sister Genesis fib of the top.
Each ping alerts and energizes all of the others in the set.
Thus we know to watch the next fib below at $166.30 next.
.
SUMMARY:
- $196.93 was clearly "a" top if not "the" top.
- $166.30 is the next possible support to watch.
==============================================================================================
.
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
.
Zoom In (m1)
an exact ricochet that you can almost HEAR.
The term comes from Hunt For Red October:
"give me a ping Vasilly, One Ping Only"
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