50% Fibo may be the support turn resistance line.
If price able to close above 50% fibo next week, we may want to wait till price get nearer to 61.8% to short it down or nearer to last week high.
If price able to close above 50% fibo next week, we may want to wait till price get nearer to 61.8% to short it down or nearer to last week high.
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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.