I see several reasons as why to short
1) Fibonacci is indicating a short as it has already hit the 61.8% which is also where there is a strong trendline going down.
1) Fibonacci is indicating a short as it has already hit the 61.8% which is also where there is a strong trendline going down.
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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.