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New insights based on the previous setup

New insights based on the previous setup


Yesterday I was expecting a pullback since the bill was about to be passed. And it did. It was an easy . 618 retracement that didn't hold for long. Since that failed, I am projecting that a new downtrend will form since next week, possibly triggered by the rising number of infections. Potus' plan to work on Eastern is probably gonna fail as well. So, because of that, I am still extremely bearish and holding my shorts. Target Price is labelled on the graph, feel free to check.

Have a good weekend

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