Yellow region marks the break in market structure, price is going up to retest the resistance.
Short .618 fib level, target green support region
If green support region fails to hold price, we will be going far lower
Short .618 fib level, target green support region
If green support region fails to hold price, we will be going far lower
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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.