The price broke the "Flag" downwards. I am looking forward to opening a short position on 0.618 Fibonacci retracement level with the EMA 21 price level. This zone has been used as strong support zone in the past, and it is a resistance level. It looks a really interesting zone to open a position with the current trend in the short term.
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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.