Price has increased but it has failed to reach and retest the 50% Fibonacci line of the descending pitchfork. The perspective will remain short as long as the rate is trading below the 50% line and below the sliding line (sl).
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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.