I can see one more push to 10.5k before coming back to 9.5k. We've been testing and gaining levels all month, there has to be some local draw back at some point but I don't think that's until we test 10.5k and get rejected there again like in October 2019.
Maybe after that get a local downtrend to ~8k before making a macro higher low and continuing up from there.
Maybe I'm wrong....
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lookin good so far
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I could see a return to 9k at this point before bouncing back
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zoomed in a little more
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Pretty close. I was a little off on the wicks, and it ended up being the 0.5 fib retracement so I may need to add it to this chart and then see what I think would happen next. Overall, not too shabby though.
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Back on the 4h chart this is what I'm lookin at. We will retest $9500 and then fall back on
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