Previous weekly bar look like a full bar (small wick at top and bottom). The next weekly bar should retrace down at least at 38.2% fibo.
Note
Looking good. Heading to 38.2% zone.
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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.