Long

MCO Buy Signal

Updated
Monaco has hit an accumulation floor after many days of retracing. There are currently 3 supports below it, 2 trends + 1 Fib Level. Looks like a good position to enter in for a spike up to the 0.5 Fib Level. Stops set under all 3 supports in case the market decides to dump.
Note
The bottom of this level also is has formed a large Falling Wedge :
snapshot
Note
Falling Wedge within a Falling Wedge + App Release pushed the bullish breakout!

snapshot

News Source : cdn.discordapp.com/attachments/372888248743100426/442951376553639937/Release_iOS.jpeg
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