Price made one more down move to the down side and is now testing 38.2% fibonacci retracement. It is very possible that price will start impulse wave to the up side or make more down move to 50.0% or 61.8% retracement. Good time to go to lower time frame and track price action.
Note
On 15 minchart there is confirmation that price is reversing to the up side.
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Disclaimer
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.