ALGOUSD4 hour timeframe bearish trend consolidation, looking for a bounce up to fib 38 for a quick day trade.
Note
Trendline broke but looks like hourly support still holding, still maintaining position. Stop under 2.0329 plus a little wiggle room.
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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.