TRAC on Track

TRAC on track for marking up from a symmetrical pattern it's been trending within for days. Climactic demand volume spikes every time the PA touches micro support, while the corresponding supply is staying low. Look for more expansion. 1.272 (20%) is a strong profit-taking zone IMO, and I am looking to get out at the 1.618 (30%) if we prevail in reaching it. Otherwise, the 1.272 Fibonacci is a solid point to gun for IMO.

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Trade closed: target reached:

29.19% Limit Sell on the 1.618 Fib. Not too bad. Patience pays off in trading. Congratulations to all who took this swing. On to the next trade!