Head Formation Perspective Updated
Updated
Hi traders!
I'm expecting a more strong pullback that will explode dopamine in Bulls' brain at trendline retest below (50k). In a Fibonacci Retracement by the head's peak the range 50-78.6% Is a located for a reactive PULLBACK that Will demand patience. A TP Is a good choice at 50% (~49300) and a re-short at the new pullback's peak, which can be expected to retrace at 78.6% (~50800), Will be a good position.
See u later!☕
I'm expecting a more strong pullback that will explode dopamine in Bulls' brain at trendline retest below (50k). In a Fibonacci Retracement by the head's peak the range 50-78.6% Is a located for a reactive PULLBACK that Will demand patience. A TP Is a good choice at 50% (~49300) and a re-short at the new pullback's peak, which can be expected to retrace at 78.6% (~50800), Will be a good position.
See u later!☕
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