{"id":11372,"date":"2021-06-29T18:56:13","date_gmt":"2021-06-29T18:56:13","guid":{"rendered":"https:\/\/tradingshot.com\/?p=11372"},"modified":"2023-05-03T18:59:29","modified_gmt":"2023-05-03T18:59:29","slug":"costco-strong-buy-opportunity-on-a-2-year-old-fractal","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2021\/06\/29\/costco-strong-buy-opportunity-on-a-2-year-old-fractal\/","title":{"rendered":"COSTCO Strong buy opportunity on a 2-year old fractal"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Pattern: Channel Up on 1W.<\/p>\n<p>Signal: Buy as the price broke above its Resistance (and November 2020 High), in a similar sequence as the April-May 2019 fractal. Even the RSI sequences are identical indicating that the price is breaking outside of this consolidation pattern.<\/p>\n<p>Target: Within the 1.5 &#8211; 2.0 Fibonacci extension zone (as in 2019).<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/COST\/JQeyjS3J-COSTCO-Strong-buy-opportunity-on-a-2-year-old-fractal\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/COST\/JQeyjS3J-COSTCO-Strong-buy-opportunity-on-a-2-year-old-fractal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Pattern: Channel Up on 1W. Signal: Buy as the price broke above its Resistance (and November 2020 High), in a similar sequence as the April-May 2019 fractal. Even the RSI sequences are identical indicating that the price is breaking outside of this consolidation pattern. Target: Within the 1.5 &#8211; 2.0 Fibonacci extension zone (as<\/p>\n","protected":false},"author":611,"featured_media":11373,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=11372"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11372\/revisions"}],"predecessor-version":[{"id":11376,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11372\/revisions\/11376"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/11373"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=11372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=11372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=11372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}