OSK heads up at $125.52: long term Double Top? or break to Pop?

3 Nis 2024

OSK just hit a double-fib at 125.42/52.
Both are Golden ratios (.618 multiples).
Could double top here or break and run.

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"Double Top" as in the previous rejection exactly from this double fib:

Perhaps not exactly a double top since it had gone higher, but a major barrier nonetheless.

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If it breaks the $125 fibs, it could run to $143-145 very quickly:


So this is a key level to watch and consider next actions.

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16 Nis 2024

Not

Pullback as expected


Zoom in (m15) with some notes

Early, the Ping on Genesis fib tried to go anotehr leg.
but failed and We just bounced with a Ping on a Covid fib.

So we have fresh confirmations of BOTH fibs set,
so our zones dictated by confluences are still good:


We might get a little bounce here, but
we should wait for one of the green supports.

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15 Eki 2024

İşlem aktif

Another top NAILED by fibs:

(yellow shaded area is after posting time).

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Note the many clean reactions at pour zones:

Some not-so-clean on this tf, but on m1 we had clean pings.

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Looks like correction might be done.
Time to start buying small dips again.

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16 Eki 2024

İşlem kapandı: hedefe ulaştı

First Target HIT

and hit EXACTLY (of course).
That former support might now be Resistance.
Taking some profits, SL at Break Even on rest.
We should get a dip here, lets see how it plays.

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