Usually, in uptrends after two peaks, a correction of about 50% occurs and continue its upward trend again also According to Fibonacci, from the beginning of the uptrend to the last peak, the price has come back to the level of 0.382 and has returned, we can expect the price to break its last ceiling and touch the level of -0.272 and -0.618.
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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.