On a 4 hours chart, you can see whenever the price action tests the 0.618 level, it rejects hardly. According to my analysis, we could see a huge drop to around 150-148 level one last time and then its going to be a bull run.
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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.