Short

SHIBA INU heading for a significant correction at .786 level

Updated

SHIBU has gotten its fair share of an impulse wave. It's programmed to touch down on the .786 fib level IMO. I'm skipping the .686 fib range because of the fundamentals. Though I may have some doubts about this.

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First fib level has been hit. I'm still shooting for the .786 fib level though it may take a while.

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Still eyeing TP2 @ .786. I think it's bound to happen. Cheers

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Yes, SHIBA is having a little movement to the up side. No, TP2 @ .786 hasn't been invalidated. It's still in play. Cheers

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This wave up still has some wiggle room to move further up. But I'm still maintaining my TP2 target.

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3k support level breached. This is an ominous sign of things to come. But if you're still wondering, yes my target hasn't been invalidated.

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RSI is low but still has lots of room to go further down. I think we'll drop to 20 this time around when it hits .786

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What was support is now resistance. 2400 looks more likely now.

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My girlfriend likes me because I can last a whole night no problem. And so does swing trading. I can muster some great patience on trade like these. It's coming!

Trade closed: target reached

Feed me Seymour!

LockedAndLoaded

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