STRAT went PERFECTLY into the buyzone as predicted from prior chart and has broken the downtrend. It has established a pretty steep trend that is doubtful to hold. I would have taken the 100% profit if you bought in the buy zone and looking to support a bullish retracement on the 0.618 as shown. Will update as we go along.
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Possible target in the short term is 130-140k.
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Trade negated. I would not rebuy until we see a top and get a retracement. Too many emotions in Strat, let the "investors" figure it out first and then we can step in.
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Maybe not. Either way I would rebuy in original zone or I would 100% take profit if you havent already if you bought in the original buy zone
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Trade working out perfectly.
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If 0.618 retrace doesnt hold, expect more bearish emotions/panic/frustration from this market.
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Still would not buy this unless I knew I was buying fear and impatience. Do not support this above 65k.
