I find it interesting that my target 1.618 Fibonacci level is now perfectly confluent with the 0.5 Fibonacci level on the weekly time-frame.
This level falls exactly at 32.5k.
That would be my level to take short profit if it goes there.
BTW, I raised my short stoploss to 52k.
I'm still not convinced the low is in.
Too many indicators are telling me a pullback is imminent.
God bless!
This level falls exactly at 32.5k.
That would be my level to take short profit if it goes there.
BTW, I raised my short stoploss to 52k.
I'm still not convinced the low is in.
Too many indicators are telling me a pullback is imminent.
God bless!