After a retracement XA= 61.8 % B, we see that market broke the support trendline and retest of the zone that now became resistance. We have a bearish confirmation all the way to the demand zone.
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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.