ETC has emphatically rejected and retraced its gains with a two bar reversal candlestick pattern at the upper bound of the Kovach Reversals Indicator, but eventually finding support at a Fibonacci Retracement Level. Both Kovach Momentum Indicators are still bullish, and we are still in a bull trend, despite this massive retracement.
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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.