As we get closer to that target, the more Alert we should be.
Maybe it will be a non event and we will just cruise right thru.
Maybe we have already topped at a lower fib and are done?
It is POSSIBLE that we have already toppped.
It is PROBABLE that we get a final push to target.
It is PLAUSIBLE that we blast thru to higher fibs.
Whatever happens, it is good to be prepared.
If we go higher look to the fibs above for TP's.
If we crash be ready at support zones below.
Recent Plots of Covid Recovery:
Covid-19 Crash : $3850 Bottom Taggged <= Fib nailed it.
Bounce Update: $6950 top Plotted
Bounce Update: $5900 launch caught
Bounce Update: $6800 launch caught
Bounce Update: $9335 breakout call
Last Retrace: $8106 Bottom Call
Last Bounce: 11,700 Bounce Caught <= Must See
My older charts catching every key turn and giving early warnings:
Mar 06, 2020: 9.2k Top Call
Feb 13, 2020: 10.5k Top call
Feb 10, 2020: 9.7k Bounce <= mapped within $10
Feb 08, 2020: 10k Targetted
Jan 17, 2020: 9k barrier Foretold <= Warning in Time
Jan 07, 2020: 8475 Top Call <= Mapped within $5
Jan 01 , 2020: Sub 7k Foreseen
Dec 29, 2019: Big Picture Fibs <= the 3 Fibs of Life
Jun 02, 2019: 14k target call <=Perfect TP
May 12, 2019: 10k target call
Dec 03, 2018: 3.1k bottom call <=EXACT 2018 bottom
My "Book" detailing my Methodology with Numerous Examples:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
the Trading View is my Nation
the Moderator Tag is my Flag
I am hoping for a signficant pullback now so that we can avoid a massive crash later, but I guess we have to take what the market gives....