Before price broke up through the bearish trendline, it placed a multiple retest of 165 area with RSI divergence,
Potential retest of broken trendline aligns with a 0.618 retracement and offers a 2618 trade with reasonable risk to reward ratio
Potential retest of broken trendline aligns with a 0.618 retracement and offers a 2618 trade with reasonable risk to reward ratio
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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.