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

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.

تعليق:

Missed $201 entry. Flying to the moon.

تعليق:

2nd time for those we want to ride the traing $191.