I see an impulse, an ABC correction to 61.8 fib (market with blue horizontal line) and it should bounce up. Resistance above, though, and we are exposed to further downside.
Either way, long with SL 1% below previous low at the 61.8 fib.
Either way, long with SL 1% below previous low at the 61.8 fib.
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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.