If we've ABC formation, C will be reverse point for the pair where it is 1.618 of A
Note
even though it dropped , I see it still bullish to reach Fibo 1.618Disclaimer
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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.