The Bulls are taking some time off, but there is nothing to worry about.
It is very common that a 4th wave consolidates like this. After a pull back we bounced perfectly on the 38.2% retracement level. Only thing the bulls need to take care of is that we don't drop through this level and stay in the current bull flag.
For the next wave I have 3 targets for you based on Fibonacci levels:
- $ 9,125.00
- $ 9,276.00
- $ 9,707.00
So LONG it is!!
Don't forget to put a stop-loss on $ 8,365.00.
Trade save everyone and don't forget to LIKE!!!!
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