Bear markets usually correct between 38 and 50 percent. Also first retest of 50 MA after DEATH CROSS coincides with final C wave and top of wedge. Probability of breaking through this on first time is low. Favor the down side and bottom of wedge
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.
