COST 1D. POSSIBLE TARGET
COST ON 1D. CHART if COSTCO WILL STAY BOOLISH LOOKS LIKE IT'S GOING UP TO 1.618 FIB LEVEL $407.56 BLUE PATTERN. ANOTHER POSSIBILITY COSTCO GOING DOWN TO RETEST 50MA AS SUPPORT FOR 3RD TIME AND IF SUPPORT 50MA HOLDS COSTCO SHOULD BOUNCE UP TO SAME TARGET 1.618 FIB LEVEL $407.56 GREEN PATTERN
SUPPORT IS 50MA RESISTANCE IS 1.0 FIB LEVEL $389.52 AND TARGET IS 1.618 FIB LEVEL $407.56
Also we can see that Costco respected Fibonacci Levels based on previous wave RED PATTERN after retrasment Costco went straight up to 1.618 Fib Level.
Its my personal opinion do ur own home work and make ur decisions based on ur own research but its nice to know what others are thinking specially if ur own research match with others.
Thank you and Have a profitable trading.
SUPPORT IS 50MA RESISTANCE IS 1.0 FIB LEVEL $389.52 AND TARGET IS 1.618 FIB LEVEL $407.56
Also we can see that Costco respected Fibonacci Levels based on previous wave RED PATTERN after retrasment Costco went straight up to 1.618 Fib Level.
Its my personal opinion do ur own home work and make ur decisions based on ur own research but its nice to know what others are thinking specially if ur own research match with others.
Thank you and Have a profitable trading.
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