Price has made lower lows on the daily time frame and now retraced back up to the .618 fib level. Waiting for sellers to take back control and ultimately break this channel we are currently in. Once confirmation of a break has been completed, I will look to short down to the -.27 fib level.
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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.