Price is in an uptrend, and has printed a higher high, it has also retraced to 0.618 printing a potential higher low, Moreover, it has also tested the 4 month old descending trendline. According to Dow theory, it would now go on and print a higher high. Targets are mentioned on the chart.
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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.