Using Fibonacci circles we can see price rise above the circle briefly then retest the area as support, this is a common feature among 1.618 and 3.618 In both situations this pattern has led to continuation of the bull trend, which looks strong (dashed line)
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.