Looking for a bottom...and some real buyers! The 61.8% retrace of our 1.05-17.24 swing sits at 7.23. That might be an area to look for, and would also give a double bottom bounce confirmation of a fib extension move to the 20S-30S in the next 120 days.
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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.