Fil may actually play out another leg of its correction before heading to the next upper targets.
We could potentially see an opportunity to buy around $6.40 - $7.50.
Trade active
It's looking less and less likely - especially if we close above $9.17 for the week. I'm happy because I want Fil to do well, but this was a nice potential opportunity.
Note
If we act as we did last cycle, I expect something like this
Trade active
We could still get the opportunity to buy down there.
Trade active
Here comes the opportunity. There's even a possibility of $6.40 not holding.
Trade active
You're looking at approximately 5.20ish if the measured move from the asymmetrical triangle breakdown plays out.
Trade active
This trading opportunity is a success as of today. Do we get lower prices, though?
Trade active
the triangle breakdown measured move has almost already played out, lol
Trade closed: target reached
We got basically a full reset. The TA within this idea played out - but the question that I had is if we would get lower prices/a full reset, and we did.
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