GS eyes on $518 for break, or $510 dip for scalp entries
Updated
Banks have been rising to record highs.
GS is at a breakout level, obvious to all.
Look for breakn- retest or dip for entry.
$ 518.51 - 515.86 is the ATH barrier.
$ 510.40 is the exact dip of interest.
$ 536.50 - 537.73 will be easy target.
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GS is at a breakout level, obvious to all.
Look for breakn- retest or dip for entry.
$ 518.51 - 515.86 is the ATH barrier.
$ 510.40 is the exact dip of interest.
$ 536.50 - 537.73 will be easy target.
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Trade active
Breakout Entry it was:
Lets take a closer look:
Perfect Ping (exact ricochet on fib that can you HEAR).
Such a retest is a good entry, with tight SL just below.
See if we can get to target without breaking dsahed fib.
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Trade closed: target reached
BOOM
Perfect scalp entered and exited precisely.
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Zoom IN (m5) with some notes
Perfect return trip from/to our entry.
That is a Golden Covid fib at $515.86
Possible double bottom but not for me.
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GS may continue higher (probably will).
But the goal of this trade was a SCALP.
Holders might buy a little more here.
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Note
BOOM
Launched EXACTLY from our fib at $510.40
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Zoom in (m5)
PERFECT Fib-to-Fib move, and a good TP level.
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Looking above and adding a to the bounce:
We get a dip here but the wave should continue.
$ 646.88 (Green 4.236) always a 1st guess Target.
$ 653.49 (Gold 17.942) will be major resistance.
If we do get a dip:
$ 573.65 should offer some support
$ 565.xx double fib will be stronger.
$ 537.xx Green zone is a MUST hold.
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