As we can see from the chart, we have bounced off the fib 0.618 retracement level, this level recently also acted as resistance confirming this as a support/resistance level. We expect the uptrend to now continue, long position entered.
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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.