Long
Midterm Downtrend broken, closing on fibonacci 0.5
Downtrend has already been broken and the price is trying to break the 0.5 fibonacci resistance. Also modified Schiff fork shows significant validation.
Long position in weekly time period is advised.
Long position in weekly time period is advised.
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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.