Trend bearish, double confluence on retouch of bearish trend-line and price action zone 61.8 - 71.0 fib retracement from previous higher low.
Note
Trade idea invalid as price has broken ascending trend line before touching 61.8 fib retracement
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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.