Simple fibonacci and retest of a minor level from 4 hour timeframe.
On 1 hour price created spinning tops followed by bearish engulfing.
On 1 hour price created spinning tops followed by bearish engulfing.
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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.