Price reached very strong support level but before it’ll become broken I would like to see a retest of our previous supply zone (fits with 0.618 fibonacci level). Then we can definitely expect a huge bearish move because we can see Double Top formation and it’s needed for a weekly correction.
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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.