Just something I have been working on, based on previous price action.
Note
Predicting a short term downside spike on a weekly candle before any breakout of the counter-trend (black). A full retrace of the current fib in play to 0.14, we can't rule out a spike to 0.10 and possibly even 0.05.Disclaimer
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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.