Price has been correcting within this ascending channel. Now, price is looking to complete the correction with another bullish move. We expect a bearish reversal on the 61.80% Fib level and a possible break of the ascending channel 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.