Probably we will have correction from fibbo line 0.618 but will expect the down_trend because this situation - its correction from the fibbo line level 0.236 on the background of the down_trend on higher TF (monthly).
Note
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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.