I suspect that DBG will retrace first to the 0.786 or even the 0.618 fib level, similar to how it did before. Then it will blast on to new ATH. I'm looking for inside bars and bullish flag patterns now.
Note
twitter.com/RogueDarren/status/950391163290312704Haha! Of course the trade is still active xD
Trade closed manually
This is old analysis but useful for educational purposes. It did retrace to expected levels, but it pulled back harder than expected due to an overall market drawdown and lots of mainstream FUD. The bull run didn't happen as expected, I sense that this will continue to consolidate for some time longer but in the long run will see significant gains. See my newer publication on DGB.
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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.