Simple setup with Fib indicating a rejection around the highlighted area which in turn signifies a downtrend to the next level.
Let's see how it plays off
Let's see how it plays off
Note
over 105pips in profit but the market is still pushing 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.