To recap my last call - The flat within a bear flag: It was spot on! What's next?
The Golden Pocket fib zone lines up with the 1:1 extension of the pole we just saw. 8200-8000 is very likely!
The Golden Pocket lies between the .618 and .65 fib retrace. Here we fibbed from the 6k low to the we had a few days ago.
The pole extension measures the descent into the we just saw, and projects that our breakout will go the same distance down!
These line up in the green box, a great zone to look for support!