-Possible last wave 5 correction might bring the price to $105-102 -Same price target coincides with 0.786 FIb retracement line -Price was rejected at 0.618 Fib retracement line of $165 -If price breaks upward and closes above 0.618 than this scenario is invalidated. -This is not financial advise just confirmation bias based on the indicators included in this analysis
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.