We've reached the bull flag target and exceeded the target.
ABC correction to take place, I would be looking for a 20-30% retracement following the fib levels from the October 2022 lows.
I would first expect a trendline touch followed by a small rally and then a trendline breakdown to reach the C wave target ~17k.
ABC correction to take place, I would be looking for a 20-30% retracement following the fib levels from the October 2022 lows.
I would first expect a trendline touch followed by a small rally and then a trendline breakdown to reach the C wave target ~17k.
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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.