As you can see on the weekly chart fib, we have reached the .618 retrace of the crash and do not need to rise much further. A safe entry would
be waiting for a bear div at the top of the wedge or a test of the .618 fib level at 7800.
be waiting for a bear div at the top of the wedge or a test of the .618 fib level at 7800.
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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.