This pullback is not a good news at all It means we are going much down now This retrace confirms the fibs shown in the chart which means we are one level short of the target
I will look for retrace from 0.7 fib
The alternate scenario was this But this does not happen
Look out for a much deeper correction
Best of luck
Note
As expected we are on our way :)
Note
Its really interesting to see how each fib level acts as the support and then become resistance :)
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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.