Price has progressively rose into highs, where candlestick rejections may be fluent around this fib level, if a dojo reversal sign is shown, price could reverse and find new momentum into the lows in connection to overall trend on higher timeframes.
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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.