2017 bull run had 60% correction where it went in the pattern high -> lower high -> higher local high -> 60% retrace.
Exact same pattern playing out here, bottom of green box is where 60% retracement will fall.
Exact same pattern playing out here, bottom of green box is where 60% retracement will fall.
Note
By the way this is more of a knife catching trade, so if you are trading this, use limit orders obviously.
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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.