If we take a very closer look that is the very recent rally that is 1800 to 2040 we can see from the FIB levels that it have retraced 61.8% which is a important level and it have managed to close above 61.8%. If this is to be correct, we have to see the confirmation candle again which have to be above 1923 to confirm that the correction is done and uptrend should resume.
This would be my second scenario for looking at the market from bull perspective surely i am long biased. So tomorrow is a decision day to know the direction of the market, Happy Trading :)
Hit like & Follow
This would be my second scenario for looking at the market from bull perspective surely i am long biased. So tomorrow is a decision day to know the direction of the market, Happy Trading :)
Hit like & Follow
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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.