Today's candle has broken the upper channel boundary. Based on this move, recomputed the Fibs and expect a retrace to the 23.6 Fib line before negative motion begins. Trade carefully. This made be a new trend or a fake out. Need a few more days to analyze to be sure, but may hit or surpass the mark by then.
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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.