so i notice something peculiar on this random rip this evening,
it stopped at the 100% extension of the previous move
100% extension is a corrective target.
if this move was genuine it would continue right now, and not fall back down into the local depths.
>if it falls back down, then this was yet again another bull trap.
i'm not bullish nor bearish at this time, 100% neutral until a definitive direction is chosen.
✌
it stopped at the 100% extension of the previous move
100% extension is a corrective target.
if this move was genuine it would continue right now, and not fall back down into the local depths.
>if it falls back down, then this was yet again another bull trap.
i'm not bullish nor bearish at this time, 100% neutral until a definitive direction is chosen.
✌
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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.