See H1 TF picture, it touches a down trendline and rejects to falls down. It breaks a flag before falling down and rebound to do a retesting. It has possibility to fall down to Fibo level 150-161.8%.
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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.