I added Fib retracements for the same Idea posted earlier to clarify a major difference in structre. I still strongly belive this is the bears last chance for invalidating this continuation attempt and the possibily for another lower high.
Note
Reaction here looks very good, 20 EMA seems to be holding nicely. come on bulls this is where you push higher.Note
looking even better now, final bosses imo are supply around this level up to 49.3k and Poin of Control for the past few days, which is right around 49K. A flip of these levels would be great conformation for a possible move to 50k and beyond.Note
went as planned getting resistence here from the.786 fib which is expected.hard to tell if it'll be able break through soon but i'm happy this target reached. gg
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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.