The chart is self-explanatory. The correction may continue to 0.5 fib and then downtrend will resume. you may enter the trade now with R/R. 3.7. put the sl slightly above 0.5 ret or at 0.618 ret and set your target to 127.940.
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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.