So in the end the market decided to do the correction to 50-60 fib levels on 5 swing waves forming our right shoulder on the head and shoulders bearish pattern.
From here after tomorrow's final trading day of the week we can potentially see the market falling sharply next week and sellers coming back from their holidays for the next big move in the market entering fall season.
All this is just for demonstration and educational purposes only.
From here after tomorrow's final trading day of the week we can potentially see the market falling sharply next week and sellers coming back from their holidays for the next big move in the market entering fall season.
All this is just for demonstration and educational purposes only.
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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.
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.