Does not matter if this is a big bullish move or the beginning of a bearish move, we are going down in the short term. It is hard to see a move like this can sustain itself without a healthy minimal 38.2 correction coming in at around 8437. The longer it does not do a correction, the faster the fall with people FOMO in with leveraged longs wiped out.
Trade closed manually
Target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.