Main reasons:
- 240m ==> Fibo 61,8% = RESISTANCE
- On that resistance we can notice a MACD Negative Divergence on the 60m TF
- Target = 23,19 (equals leg = 100%)
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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.