Possible area of a pause
Keeping this simple, but without the Fib overlay, the only area I see of interest on the chart that might present a little shakeout is the January high. That said, EVERY TRADER sees this!!! Being a contrarian here, I would bet on more continuation to liquidate shorts in the shorter term, and then we correct to form a better bottoming structure,
JT
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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.