Are we in the middle of a correction, or do we go straight up from here?
Todays big green candle could be lower high of the short term correction, which fits a target nicely to the .78 fib.
Or do we have the higher low from the .5 fib of the bull move on the larger time frame?
Todays breakout volume so far seems unconvincing.
Thoughts?
Todays big green candle could be lower high of the short term correction, which fits a target nicely to the .78 fib.
Or do we have the higher low from the .5 fib of the bull move on the larger time frame?
Todays breakout volume so far seems unconvincing.
Thoughts?
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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.