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If history repeat itself...
There is a good saying in trading. History does not repeat itself, but it rhymes!
Just an observation to keep in mind...if this is true, then 2014 can show us the way.
In 2014, this push lasted for 15 days, then we continued down. We are now in day three!
Major resistance from 38 fib + major pivot level in 11-12k range.
If buy pressure remains, this is the target.
Just an observation to keep in mind...if this is true, then 2014 can show us the way.
In 2014, this push lasted for 15 days, then we continued down. We are now in day three!
Major resistance from 38 fib + major pivot level in 11-12k range.
If buy pressure remains, this is the target.
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