I see that the market is in downtrend. It broke previous structures and is now retracing.
It could go to the violet line that I marked which matches an important rotation point, an imbalance to be covered and a 75% Fibonacci level. We could expect a short impulse.
It could go to the violet line that I marked which matches an important rotation point, an imbalance to be covered and a 75% Fibonacci level. We could expect a short impulse.
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