Piercer

Entries That Break

On rare occasions, shortly after the FibDot appears, price may continue moving beyond the FibDot - which would then be considered a "pierced" FibDot or potentially a Piercer strategy, if there are other factors of confluence supporting the Piercer strategy.

Here is an example where the price has pierced through the 🟢 dark green FibElliDott and continued to plummet.

If price continues beyond the FibDot almost immediately, the FibDot may be retracted and disappear.

Here is an example where the price has pierced through the 🔴 dark red FibElliDott and continued to climb higher.

Here is a live chart example where the price has pierced through the 🟢 dark green FibElliDott and continues to fall.

Here is another live chart example where the price has pierced through the 🔴dark red FibElliDott and continued to rise.

Example

WATCH: A Double Dot strategy gets pierced as sellers continue to enter the market, pushing price down. Confluence is required, such as with FlowMaster™ AudioBox, MACVU and market speed.

Video Tutorials

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WATCH: Vinny E. Mini teaches the Piercer Strategy just after the 33:00 minute mark in this tutorial.

WATCH: Vinny E. Mini talks about the Piercer Strategy at the 21:50 time stamp in this Mentorship Monday.

WATCH: Vinny E. Mini explains an example of the Piercer Strategy at the 47 minute mark in this Mentorship Monday.

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