Looking at technical supports. there was a retest of an order block in the four-hour timeframe. that called out a very clear entry opportunity to capitalize on the sell.
and with the use of fibo tool we managed to highlight two targets being a key level at 50% and also 61.8% level of the tool by joining the previous low and previous high.
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.