Institutions are the main reason that we are witnessing a bear market in a Bull cycle. I personally think that Institutional Traders wants to get in the Bull cycle at their particular price point. So kindly wait for the price action to play out.
Watch out for the above mentioned Fib levels in the chart.
Disclaimer:
Trade at your own Risk. I am not responsible for your own actions. These are my opinion and not financial advice.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.