DataDog is at Golden Geneis fib that has proven its strength. All humans/bots/indi's have observed the Pings on both sides. Thus what happens here will say a lot to a lot of participants.
BOOM !
Break and POP to next fib in a straight line!
(yellow shaded area shows PA since posting).
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Zoom IN (m5)
Perfecct Fib to Fib jump.
Like electrons, these are "valence levels".
The price "wants" to be at/near a level.
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Adding a fib to our bounce:
The 4.618 at $131.17 may have ended this wave.
Good spot to take some/all profits in short term.
Now watch the 2.618 at $127.67 for inital support.
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Trade ativo
Follow up to last snapshot above:
The 4.618 at $131.17 did end the wave as expected.
The 3.618 at $127.67 did not hold the retrace though.
Retrace went deeper than a strong bull would allow.
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Zoom IN (m15) and adding a fib of dip :
We have two well defined support zones to watch.
1st with Green 2.618 and Red 2.236 might bounce us.
2nd with Green 2.236 and Red 2.618 offers backstop.
Lets see if we can make new highs from one of these.
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