Follow up to my last Long Entry Map (click).
Bounce started EXACTLY where mapped in above Idea.
The movement since then shows a bottoming pattern.
Longs took some profit at the spike, trail stops on rest.
$ 58.37/41 is KEY support, SL just below a good possibility.
$ 58.04/13 must hold to sustain the bounce and uptraend.
$ 57.84/89 is Last Stand, longer term SL below a good idea.
$ 59.01/06 is key RESISTANCE, be weary for a "Ping" rejection.
$ 59.14/21 break would be strong VALIDATION of bullish sentiment.
$ 59.57/61 is resistance that the EVERYONE sees, likely to reject.
My previous plot that Caught the Bottom to the PENNY:
I also plot Forex and Stocks, take a look at my profile page.
.
Bounce started EXACTLY where mapped in above Idea.
The movement since then shows a bottoming pattern.
Longs took some profit at the spike, trail stops on rest.
$ 58.37/41 is KEY support, SL just below a good possibility.
$ 58.04/13 must hold to sustain the bounce and uptraend.
$ 57.84/89 is Last Stand, longer term SL below a good idea.
$ 59.01/06 is key RESISTANCE, be weary for a "Ping" rejection.
$ 59.14/21 break would be strong VALIDATION of bullish sentiment.
$ 59.57/61 is resistance that the EVERYONE sees, likely to reject.
My previous plot that Caught the Bottom to the PENNY:
I also plot Forex and Stocks, take a look at my profile page.
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
