Weekly shows consolidation at Fibonacci Retracement Level. Moving to one time-frame lower, there is a shift in movement from uptrend to downtrend and support level is broken on 4H time-frame. An impulse is expected to the downside. Entry after a retest. R:R = 1:1.2
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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.