We can see price is now changing trends as we have confirmed a lower low and we look to be confirming a lower high here in this confluence zone (50% fib level, and structure level) after we have fallen out of this ascending trendline.
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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.