Maybe it has bottomed and we go up from here. But I think we still have one more leg down. How far this bounce rises will tell a lot.
Of course, lots of folks are calling for 1k and such. Sure that is possible as well, but for now I am looking to catch the serious retrace up.
This is a followup to my previous Idea looking for ''the bottom'': In the above plan, I got TWO trades from the 3500 zone to the 4000 zone! Rarely does any asset give you two such opportunities, and I gotta admit the second long was a bit scary.... .
.
ملاحظة
Proceeding roughly as expected. The last wave (Blue Fib) seems to have locked into the original target zones ( which I have adjusted slightly)
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.