Still more down after correction for IV wave
Note
Another fractal I found. 6600 is tough level which needs to be broken first in order to go up. tradingview.com/x/6bIgA2DO/. Break it and we go up. Reject it and we go down Note
Move down to ~5k is now in development againNote
Price action went sideways. We are in symetrical triangle right now. It needs to resolve first and break daily EMA30 (to go up).This upside correction took longer than I thought and right now with this triangle building thing so we have to wait for it to resolve to be sure.
Short term I would say we are going back down, still inside triangle. Don't think EMA30 daily will break here right now
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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.