so after the parabolic run up we now saw a decent pullback right to the 0.618 level on the daily chart. Right now we might see a trendshift in the making but it's still too early to tell.
Further extention to the upside could be hitting the yellow box in the next days/weeks/month depending on general market environment.
Further extention to the upside could be hitting the yellow box in the next days/weeks/month depending on general market environment.