After the recent push, the market is in retracement. I suspect that the 61.8% fib would be a sound entry point. I believe there to be some strong support here and great potential to bounce off and move upward again. The market does look like it is finding support off the 50% fib however there is larger gains to be made if we can make a buy off the 61.8%.
This is not financial advice, trade at your own risk.
This is not financial advice, trade at your own risk.
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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.