D1 - We had a triple wave to the upside, bearish divergence.
Price bounced from the key resistance zone formed by the 261.8% (1.08610) fibonacci expansion level of the first wave and the 61.8% (1.09576) fibonacci expansion level of the second wave.
Expecting correction to happen now.
H4 - Bearish trend pattern, expecting further continuation lower after retraces.
Price bounced from the key resistance zone formed by the 261.8% (1.08610) fibonacci expansion level of the first wave and the 61.8% (1.09576) fibonacci expansion level of the second wave.
Expecting correction to happen now.
H4 - Bearish trend pattern, expecting further continuation lower after retraces.
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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.