from 26 oct 2023 to 28 dec 2023 a Fibonacci retracement is placed, market is a about to take a pull back to complete its 4rth wave, it will face rejection near 3rd and 4rth sub wave and sell off will continue. according to me without completing its 5th wave market will not change its view (bearish). hence wait for another sell off then we can create some long side position.
Note
near its selling zone, lets see a sell comes or notNote
nice sell off
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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.