Quick plot to show the possible tops for UJ wave up. The climb has been well controlled within Fib ratios. We should now be nearing the end points of 2 waves.
107.48 - 107.54 is immediate resistance, might end the move. 107.82 - 107.89 should be strong resistance, causing pullback. 108.00 - 108.01 should be the extreme reach of "blow off" top.
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(still in play) (found last bottom) (in time, to the Pip) (scalp that ran hard) (perfect top, huge profits) (the very tip-top a year ago) (perfect entry, huge profits) (pinpoint Entries/targets) (just in time, quick 70 pips) (Upthrust warning just in time) (recent perfect entries) (perfect short a year ago) (perfect long to short flip) (caught most of the spike) (perfect entry, huge profits) (recent perfect entries) (Perfect entry, still in play) (Prefect entry, almost done) (Fib extensions at work)
Of course, I have had total FAILS on some plots also, not going to pretend. But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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Not Quite at the Top yet but feels like we are getting close. We did get a couple of really Clean "Pings" at the plotted fibs that confirms the blue fib's influence over this possible 'last' wave up. The next resistance zone should give us a good clue. Either it will reject hard or slice through it with ease, not expecting anything in between.
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Another Resistance zone and another reaction
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Still pushing against the second resistance band This band is starting to PRECISELY control the movements here. Lets if it rejects from the lower bound soon.
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Since last update above, UJ broke higher. But now it is relaxing, and here is that "Line-in-Sand" at $108.026. Near perfect Ping. Even though it was previously surpassed, it is now expressing its weight. I am still confident this has topped, and that it "should" have topped at the 108.026 line the first time, but the banks wanted the stops above and to trap more longs.... Perhaps "they" are now ready to take this South-ward.