High probability for PA to retrace to 0.382.. . .if PA rejects from 1.195-1.197 we would probably see some lower levels tested till that monthly trend line. - which also is 0.618 of the main impulse.
On the other side if PA breaks 1.197 convincingly then anticipate a bullish impulse up to 1.25-1.27.
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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.