Multi timeframe analysis
Given the price is at a dynamic resistance and has just retested the golden ratio price is at an area of confluence and we can expect the market to go further short and for futher conclusion the price has broken a strong trendline to the upside
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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.