Hi traders,
An update. We now reached last target of 5775, and next target is between 4500 - 4700 euro. It corresponds to the golden pocket and is the fib area of 0.618 and 0.65. We might even get lower then these levels, but I think we'll make a stop at these levels.
It has been a turmoil last weeks and days, so please be safe placing your trades - or stay out of it until we reach the correction turn-around. Shorts are possible trades in this bear market, but I see that it can suddenly spike up quite a bit in numerous bull traps. Be careful.
This is not financial advice and all investers / traders are responsible for their own trades and money.
An update. We now reached last target of 5775, and next target is between 4500 - 4700 euro. It corresponds to the golden pocket and is the fib area of 0.618 and 0.65. We might even get lower then these levels, but I think we'll make a stop at these levels.
It has been a turmoil last weeks and days, so please be safe placing your trades - or stay out of it until we reach the correction turn-around. Shorts are possible trades in this bear market, but I see that it can suddenly spike up quite a bit in numerous bull traps. Be careful.
This is not financial advice and all investers / traders are responsible for their own trades and money.