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We didn’t manage to take out the 0.618 Retracement with one more high – followed be the mentioned sell-off. It seems that the Minute (4) in yellow is still in Progress. I do expect more downside to take the swinglow from January the 2nd to put in a new low and reset the chart by testing the 50% retracement. There I assume we reverse to the upside to put in the Minute (5).Video Length: 00:09:04
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
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