EG seems to be diverging on the lower timeframes and stuck at the overbought levels which normally indicates trend continuation. If i'm correct then price will possibly continue upward until the quarter point converges with the fib level. WE SHALL SEE.
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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.