Update on this badboy. Playing out nicely. Its come up to test the daily 61.8 and close to the top of the proposed bull flag, had a clear rejection printing a shooting star on the 4H.
10 days into the correction and we've only seen a ~24% drop. Still feel like theres more to come, expecting to see some movement down towards the "sweet spot" by early next week and hopefully we see a clear rejection of that area and will hopefully pave the way for the next leg up. Or if it wants to absolutely send it from here i'll be very happy. All a waiting game!
10 days into the correction and we've only seen a ~24% drop. Still feel like theres more to come, expecting to see some movement down towards the "sweet spot" by early next week and hopefully we see a clear rejection of that area and will hopefully pave the way for the next leg up. Or if it wants to absolutely send it from here i'll be very happy. All a waiting game!
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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.