QQQ possible retrace?

Updated
there's possible confluence between 2020/2021 rally's 61.8% fib retracement and 1.27% fib extension, plus a minor support in the circled area.
that's almost 30% correction, would take a lot of time to develop and would cripple investors. cant really see it happening tho.
Trade active
on its way. i think there is one bounce left tho
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