After reaching prices not seen since 2013 and breaking a price reversal zone seen in the monthly chart (light blue rectangle), a decrease has started forming a triangle. RSI external divergence (and MACD) is observed at M30 between points (D) and (B). TP could be set at confluence point of Fibos 38% and 23% of waves A-B and C-B. SL defined just a bit above the previous high.
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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.