The current trend suggests a channel breakdown with a target at $38,700. If you haven't shorted already, consider entering a short position either at the Fib Golden Pocket on a bearish candlestick pattern or at the Fib 78.6% level for potential trading opportunities.
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.