Looking at the FIBO levels on the chart, the monthly sale came from the 0.893 level. The green trend line below corresponds to the 1.136 level of the FIBO level. If a selling wave starts this month, a drop of up to 69.800 may occur.
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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.