The weekly chart completed a beautiful shooting star candlestick pattern with a bearish bias right at the 1.272% Fib extension. This is signalling more short moves in the near future. Based on the baseline trend line drawn here and the 100% retracement level, I believe we should at least see a short move down to the 95.15 price level.
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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.