I wrote up a bear thesis, however we bounced right off the 38% fib and it's looking pretty solid. A daily close over that level will be a long entry for me.
This would break the megaphone pattern and invalidate my bear thesis. If this doesn't happen, I still see it going to the low 20's.
Thanks for reading.
This would break the megaphone pattern and invalidate my bear thesis. If this doesn't happen, I still see it going to the low 20's.
Thanks for reading.
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.
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.