“A bear market starts with greed, followed by confusion, sells on fear and ends with hopelessness” - By me!
'Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria." - John Templeton
Apply this bear to bull transition with good market sense because some of the bears went into hibernation, not able to wake up at all, for...
Hey guys, we are touching support after a healthy 61% retracement as well. Looking to on a confirmation. However, if it does not respect support we can go to the 78% zone with major support as our next target loading zone. We have two TP targets the 127% extension and the 361% extension.
GOOD LUCK AND BE SAFE TRADERS!
RR - 1:11