If we reverse to the upside at this level, which is a 0.618 retracement of our previous impulse up, it could carry us to higher prices (~$12,000) and play out as a bullish Gartley pattern.
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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.