LL LLHs being established. = downtrend. We are currently within 79% and 88.7% range of the previous swing. expecting price to finish its bullish correction in this zone then tank to create another lower low
Price has been on a flawless uptrend initiating since the end of October. Being that price just put in yet another high above previous weekly levels as well as daily, I am expecting price to have a correction. Not only due to the natural course of price but also to the fact that a 200+ point fair value gap has been left below price. Price can retrace beyond 300+...
Price is in an overall downtrend. For the past 3 trading days price has been bullishly correcting. Im expecting price to retrace to my OTE area (Between 61.8% and 79%) then continue its bearish trend.
