After breaking the phase line on Monday, I am expecting price to continue to the downside eventually hitting the fib extension around 1.625. Another entry opportunity will be after a break and retest of the current, long term TL. Higher timeframe confluence to the downside
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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.