In the chart below I am looking and extended move high, the price action is trending up.
The oscillator is in the sell zone and for me, a correction is going to happen.
Tools:
EMA(200,55,21) and Fibonacci Levels.
In the chart below I am making a projection of the whole move to get a retracement of 23% Fibonacci.
This is my forecast to the next 8 weeks.
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