Price is conducting a pullback and now waiting for for it to continue lower and breaking Counter trend line which will form and confirm a Diamond Pattern. Applying the rules for diamond pattern and using Previous demand level with Fib extensions we have a target value, Lets see how it works out
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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.