Hi guys, hope you all good.
This looks like a classic break and retest to lower lows and lower highs, definitely has some downside potential.
Looking at the fib I would like to see a retrace to the 61.8 to then further sell off, it would've touched the trendline as well.
This looks like a classic break and retest to lower lows and lower highs, definitely has some downside potential.
Looking at the fib I would like to see a retrace to the 61.8 to then further sell off, it would've touched the trendline as well.
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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.