I am personally looking to enter a long position if we are able to bounce off a higher low at the current price range. We could break to the upside of the .618 but we already got rejected 3 times in the short timeframe
Note
Breaking down will also fill the CME gap and cause a lower RSI and less uncentainty
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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.