We got a nice retracement on the daily time frame (20 to 27 feb) so we have a nice discount and could see the price move to the 2500 to 2750. Fibbonnaci level dont drive the market but are useful tool to project futur price.
If we break 1730 i can see price to retrace to the 'golden' ratio 50 to 61%. (so 1620 and 1540 level).
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.