Support being tested multiple times (70% fib is the zone of support) if it closes below support. We can expect more distribution in the market as supply meets demand on the next key zone of support. If predictions are correct we would then see this as the finished portion of a correction as nas continues its never ending Upward trend . Haha. TP and SL indicated in the chart.
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.
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.