one of my teacher said in bull market we retrace to 0.5 fib
also almost 40% correction from the local top if we assume 13 as a local top and first retrace of this bull market
personally i dont think 30% drop is a healthy retrace for more upside move also this parabolic run is not sustainable imo
also almost 40% correction from the local top if we assume 13 as a local top and first retrace of this bull market
personally i dont think 30% drop is a healthy retrace for more upside move also this parabolic run is not sustainable imo
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