Mmmm it went straight down. Do think it will go back up again?
matgavaghan
⋅
@M3D.webdev, SOMEONE please correct me if I'm wrong but it bounced exactly on the 61.8 fib. So my guess would be it goes straight up to the 1.618 extension possibly higher but it shouldn’t stop til it gets there. It will climb the levels Elliot wave fashion. There will be a few retracements and Gartle patternss will make these look like its tanking but will in fact be great opportunities to buy back in at below even the 0.782 level, but that one is a a bit nerve wrecking as it always looks as if she's going to pop again at any second. Mona's been repeating the same moves for a while.
But I'm only a student at youtube university so probably best to get confirmation from someone more experienced.