The uptrend was breached by a strong impulse down showing us the power of bears 🐻 ⠀ Now we see a correction, which has already reached 38.2% Fibo. ⠀ I really like situations where consolidation takes place just under the ex-trend line. It will make those who sold on the bottom worry, and it will give time to prepare more patient traders (like you ❤️)
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.