URI heads up at $675: major fib confluence, possible local top

٥ فبراير ٢٠٢٤

URI heads up at $675: major fib confluence, possible local top.
The exact zone defined by the fib confluence is 671.30 - 677.71
Look for a pullback there, or a break and retest for continuation.

Will post updates as price action hits key levels.

=========================================================

٢١ فبراير ٢٠٢٤

ملاحظة

Smacked into our resistance staggering


Zoom IN (15min)

Almost exact reflection from lower bound at 671.30.
But it was not a "Ping" (exact ricochet) so likely to test again.

Lets see if we go back up and break, or reject with a Ping

===============================================================================================

.

١٨ أكتوبر ٢٠٢٤

تم فتح الصفقة

BOOM

Perfect launch via a Ping (exact reaction on fib).
Took a while but finally got an long entry signal.

.

Zoom IN (m30) and adding a fib to the bounce:

This wave might be DONE at the 5.236 at %858.39.
If so, we might get a retrace to support below at $76x.xx
We are certainly at resistance now. so lets see what goes.

==================================================================

.