On the chart we can see descending trendline and strong 0,618 fibo retracement level. In this projection, we have to wait, till the market gonna reach this yellow circle, and look for short positions.
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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.