Mar. 25 at 3:39 PM
$TROX Starting to get a bit cautious here
April kicks off a new quarterly candle, and we’re not sitting at any key Fibonacci retracement levels. On top of that, the quarterly chart is beginning to look pretty stretched, which could signal a pause or even a partial pullback.
I’m not calling for a trend reversal, but this does feel like a spot where the market might need to breathe. A consolidation phase through April and May wouldn’t be surprising potentially setting up for a stronger move in June.
Let’s see how it plays out.