Technicals:
D1 downtrend, retracement to around Fibonacci 61.8%
Approaching diagonal resistance
D1 downtrend, retracement to around Fibonacci 61.8%
Approaching diagonal resistance
Note
A pinbar can also be seen on D1, signalling potential reversal and downtrend formation.
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Disclaimer
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.