Targets 1 and 2 have been hit from my previous TA beginning this C wave.
We will be targeting $6,000, retesting the previous bottom a few weeks back.
If we get an extended 5th wave then we can target to a low of $4,500 which also supports our 1.618 fib extension.
Retracements are very weak which shows strong bearish sentiment.
We will be targeting $6,000, retesting the previous bottom a few weeks back.
If we get an extended 5th wave then we can target to a low of $4,500 which also supports our 1.618 fib extension.
Retracements are very weak which shows strong bearish sentiment.
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Related publications
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.