The bull case is still active and the pull back has so far been controlled, at an extended Fib level now (outside the standard 0.38 - 0.65 Fib levels, where we expect to see a Subwave 2 of Wave 1 bounce) it will need to hold one of these remaining fib levels from the chart to hold onto the bull case. Failure to hold and this could consolidate sideways for the foreseeable.
Bjoern Szymkowiak
2023-04-14 11:57:50 +0000 UTC