MCADE is testing a key support zone that aligns with the Fibonacci retracement levels. Anticipating some consolidation within the blue accumulation zone, suggesting the potential for a reversal. A bounce from this level could result in a significant move upwards.
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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.