Bullish trend still Valid, but facing big pullback
I am looking at Fib extension level 1 around 3990-4000. the downtrend has its 1st leg down, now the second leg started and may have at least 2 sub legs down. 4000 also a daily gap that never got filled.
Level 1.618 and 2 are also interesting levels.
If the market did go to level 3, I will be all in, which I do not believe will happen this year unless...!
Level 1.618 and 2 are also interesting levels.
If the market did go to level 3, I will be all in, which I do not believe will happen this year unless...!
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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.