Starting in June of 2019 X marked the spot of this weekly high, all the way through to the last leg of this mammoth which developed in July this year and has yet to retrace. After hitting this channel supply line a couple times possibly ready to make a return flight. Market correction coinciding variables have the golden retracement in line for the 618 target and awfully close to the XD and BD retracement measurements. Will it play out? I think we will find out soon.
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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.