This is a minor update to my previous forecast. I'm modeling the arrow path from the blue fractal, which shows a period of high volatility followed by a short squeeze. The fractal is placed with the x axis aligned with the recent drop, and the y axis aligned with a break of 67K after the period of volatility.
This indicates that we will return to the mean first, then break the latest low to access the liquidity pool there. After a bounce and correction we should find support and continue to break 67K
This indicates that we will return to the mean first, then break the latest low to access the liquidity pool there. After a bounce and correction we should find support and continue to break 67K
Note
Note
Note
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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.