I think it's a good attempt to try a long here. Currently sitting on the 61.8 retracement. All timeframes are oversold as well
Note
I realize this is a counter trend trade and in the event this doesn't work out "oh well". In my experience 61.8 retracements are the best on higher time frames so lets see what happens
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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.