If the current level holds as it is a Golden level on the fib. Then we might see a correction also from the current overall bearish move
Note
Trade is going as plannedTrade closed: target reached
61.8% fib level retracement reached, Anticipating a rejection from current area and continuation of overall bearish trend
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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.