.786 fibonacci retrace was 18.07. Measured move from previous range extremes , wick low to wick high (orange slant) brings a confluence with 1.618 Fibonacci extension level as a target based on previous bull market top around $38-40. Stop loss could be just below 200sma (blue curvy line).
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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.