es looks to be in a pretty heavy impulse to the downside,
after a double 1-2 extension from earlier in the month, it still has more legs to go before this correction is completed.
sub 4000 is where i'm aiming for.
3970~3920ish before we see a larger deadcat bounce to potentially as high as 4700.
that bounce will get a lot of people very excited - people will think the bottom is in, then the real drop comes.
⭐
after a double 1-2 extension from earlier in the month, it still has more legs to go before this correction is completed.
sub 4000 is where i'm aiming for.
3970~3920ish before we see a larger deadcat bounce to potentially as high as 4700.
that bounce will get a lot of people very excited - people will think the bottom is in, then the real drop comes.
⭐
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i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
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.