My thought process; I purchased 10/18 $24calls and I will be selling at $27 (most likely) next week. This is following (lagging) the commodity Gold that is heading towards its 2nd fibonacci target (similar to
GOLD’s $27 one) indicating
GOLD will follow shortly. The TTM squeeze on the 2 hour is just 1 indicator this is ready to blow. My fibonacci .38 retracement zone method is continuously proven to be one of the best methods I ever learned. See you at 27. As always; have a stop loss for worst case scenarios.
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