Looking at the confluence in Fibonacci Levels, both the first and second leg are 38.2 and 50 percent levels. This creates a possible extra dip down. If we breakout 1.123 levels we're in the clear and buying is most likely good to go.
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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.