1 1/2 month we have risen only. The last weekly candle has opened a window.
As we have reached a perfect Fibonacci retracement level of 50% it may be not wrong to bet on a downward correction to close the window.
As we have reached a perfect Fibonacci retracement level of 50% it may be not wrong to bet on a downward correction to close the window.
Trade closed: stop reached
The market seems to be not yet ready for a turnaround. I am closing and will wait a few days for a clearer signal.
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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.