GoPro ripped hard, and now it’s doing exactly what I hoped it would — cooling off right inside a clean confluence zone.
⸻
📍 What I’m Watching:
• Weekly 0.618–0.79 Fib Retrace → Golden zone between $1.15 and $0.81
• Daily Fair Value Gap (FVG) → Sitting inside that golden zone
• Price is consolidating inside this range — no breakout, no breakdown. Just compression.
That combo? Tells me this level isn’t noise — it’s structure. It’s buyers and sellers loading up for the next move.
⸻
📍 What I’m Watching:
• Weekly 0.618–0.79 Fib Retrace → Golden zone between $1.15 and $0.81
• Daily Fair Value Gap (FVG) → Sitting inside that golden zone
• Price is consolidating inside this range — no breakout, no breakdown. Just compression.
That combo? Tells me this level isn’t noise — it’s structure. It’s buyers and sellers loading up for the next move.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.