After break of upward trend on daily timeframe, we have momentum to the downside. A strong move is respected with a deserved correction. We are looking to take a short off 50% fib level, a daily fib level, and a touch of the outer trendline.
JPC
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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.