SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS. ENTRY PRICE BLACK COLOR TARGETS GREEN COLOR STOP LOSS RED COLOR DO NOT USE THIS...
AGEN hasn't done this in years...what? It hasn't sustained these levels for any meaningful amount of time. I did a quick fib retracement using those 2017 highs as the upper anchor and you can see what has revealed itself. The 236 area is a key pivot. Most of the time it has acted as a resistance pivot. But, so far AGEN has held these levels. Where does it go from...
AGEN is still in a downtrend. Looking to the previous bounce it could be a retest of the long term resistance. If it can't break the level posted on chart (3$ - 3,25$) i'm expecting one more bearish move.
Looking for a buy opportunity in this. Right now I am not in it. In a down trend here.... lets see how low it goes. Support and Resistance at $4.23?