Hi there.
I did an update to the 0.618 retracement that we are experiencing right now. I corrected the top levels to the yellow ellipses, which makes more sense. I cleaned up a bit the mess and marked some blue levels on the down side.
So more consolidation for another 10 days or so? Then we party.
I did an update to the 0.618 retracement that we are experiencing right now. I corrected the top levels to the yellow ellipses, which makes more sense. I cleaned up a bit the mess and marked some blue levels on the down side.
So more consolidation for another 10 days or so? Then we party.
Note
Right now it is on the 0.5 retracement. Either it continues to touch 0.618 as depicted, or it could bounce already. To bee seen!Note
My friends, the target has been reached! Now is the time to recover the trend up.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.