Alright! I have updated my falling wedge line a little bit for more accuracy.
As predicted in my previous idea post, we have found support at the bottom of the falling wedge and we have broke out of the falling wedge. But, I do see a slight correction to around 0.5 & 0.618 Fibonacci levels before another rally to 8.9k.
As predicted in my previous idea post, we have found support at the bottom of the falling wedge and we have broke out of the falling wedge. But, I do see a slight correction to around 0.5 & 0.618 Fibonacci levels before another rally to 8.9k.
Note
The correction was was smaller than I expected. Anyway, we have reached our target of 8.9k.Took some profit and let the rest run.
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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.