The script was in a correction phase and retraced a little more than 0.23 on fib level. It seems that it may follow AB = CD bullish pattern. Long positions may be taken upon breaking above the previous high level as shown on chart.
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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.