I expect a retracement to 0.618 Fibonacci soon which is in confluence with important historical support. This drop will trigger a massive amount of liquidations and therefore it might even spike to 0.786 Fibonacci followed my a strong rejection. 0.786 Fibonacci is in confluence with important recent support.
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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.