We can see the fibonacci 0.5 retracement also lining up with another support/resistance line. Fairly risk-free 10% profit buying the retracement.
On the last ATH run 4 days ago, there was also a perfect bounce on 0.5 fib level for a 20% swing, and then another bounce on the 0.618 for a 20% swing. I'm planning on trading these same pullback levels with this new ATH run.
If bulls don't push another ATH soon, I expect the entry point at 0.5 fib level to be hit within the next 12h
On the last ATH run 4 days ago, there was also a perfect bounce on 0.5 fib level for a 20% swing, and then another bounce on the 0.618 for a 20% swing. I'm planning on trading these same pullback levels with this new ATH run.
If bulls don't push another ATH soon, I expect the entry point at 0.5 fib level to be hit within the next 12h