As a fib tool with the main trend line, we can see that the price is already touch the main trend line, we have a big chance for bounce back after droping from 3,920 blue line average on fib tool, if the price break through the main trend line, then we are going to see a price drop to the next support level at 1,550
but all indicators shows a 90% a chance for bullish
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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.