Price has just retested previous support, where align with the 618% Fib, and also a descending trendline. The over all trend is bearish and the current set up is a triangle on the 1hr timframe. Entry break an retest and target yellow line.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.