The retracement or ABC correction was discussed in previous posts. As you can see on the chart, its ambiguous to know if the ABC moderate correction was in and the inverse H&S is the reversal for then next bullish trend or are we looking at another deeper ABC correction as per the chart below.
This has important implications for the major stock markets and crypto.
For now, I expect this level to have strong support, bulls jumping in.
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.