$74.93 to $95.00 By Mid Feb. Before Brief Consolidation Event.
I'm estimating the White Energy may reach the 50% level when we get to the 6-Day Candle that begins on February 12, 2020. However, I'm anticipating a BRIEF consolidation event to occur DURING that 6-Day Candle. It does not have to begin on February 12th. That 6-Day candle covers a period from February 12 to February 17, 2020. So, somewhere during that time frame I'm anticipating a brief pull back event before continuing upward once again.
This "Idea" is labeled long for the price range I'm expecting us to run up to by mid February. Do NOT assume I'm referring to going long this very moment. Especially, if you are margin trading. This "Idea" is NOT analysis for a margin trade. This "Idea" is simply to point out WHERE I think we are going to for the near term and WHEN we might get there.
This "Idea" is labeled long for the price range I'm expecting us to run up to by mid February. Do NOT assume I'm referring to going long this very moment. Especially, if you are margin trading. This "Idea" is NOT analysis for a margin trade. This "Idea" is simply to point out WHERE I think we are going to for the near term and WHEN we might get there.
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Here's a look at the Daily (24h) TF:
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Here's the Target RANGE for mid April, 2020...
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I did not get all of the first FIB to the far left into the screenshot. Got it in on this screenshot below:
