Price is approaching a nice supply zone where the market could potentially reverse, this could be a market turning point. We can also spot a confluence area with an AB=CD pattern & Fibonacci levels. My bias will be bearish and will wait for signal to short.
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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.