Then a rapid price increase was waiting for a correction. Fortunately, we see horizontal correction in the form of a triangle. In the chart we are at the price conflict between resistance and support 1 and 1.618 Fibonacci. To continue the trend, in the first stage, wait for the defeat of the triangle and then the resistance of 1.618 Fibonacci. And if growth is stabilized as much as the base of the triangle is expected.
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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.