November Price Action
Based on fib structure, we should at least reach higher yet into the 70ks before capitulating. Based on the timeframes & the Daily 50, we're retesting the 50 just like in November of 2017. If a September of 2017 plays out, I expect we reach down to 53k. If November of 2017 plays out, we should be launching very soon. Time will tell.
Related publications
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.