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OnePointScalp

End of Wave 5 consolidation. Could it bounce off Fib 0.62?

Long
Block, Inc. (NYSE:SQ)  
OnePointScalp Updated   
NYSE:SQ   Block, Inc.
Fibonacci Elliott Wave Support and Resistance
1
0
fibonacci elliottwaves supportandresistance
Wave 5 retraced to Fib 0.62 $201 key support level. Previous low at $191. Strong support zone $191-$201. 3rd time it touched this zone.

$191-$201 could be a sweet spot to enter for long. Watch for MACD crossover and some nice bullish pattern before entering.

Profit target $240.
Comment:
Missed $201 entry. Flying to the moon.
Comment:
2nd time for those we want to ride the traing $191.
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