Price seems to have rejected from the 78.6% level of the down move before the bullish retracement.
Assuming price continues to respect the current level, I am anticipating it to travel to the 1.18% D extension, which is also a key level of support.
Assuming price continues to respect the current level, I am anticipating it to travel to the 1.18% D extension, which is also a key level of support.
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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.