TREND: Price currently making lower highs and lower lows (downtrend) LEVEL: We have a break of support which is now acting as resistance FIB LEVELS: Market rejection from 50% fib level SIGNAL: Bearish engulfing candle at resistance and fib levels RISK: 0.5% of my capital
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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.